Welcome to the seventh episode of The Better Podcast! We’re your co-hosts CHIN Hui Leong and CHONG Ser Jing. In The Better Podcast, we want you to get better at this game called life, together with us. This podcast is designed to share what we’ve learnt about life, business, investing, and so much more.
For our seventh episode, we discussed a whole bunch of things, including:
Hank Paulson and Neel Kashkari had no idea how much money was enough to save the US financial system when the Great Financial Crisis erupted in 2008; Paulson was the Treasury Secretary back then and Kashkari was his aide
Warren Buffett and his investment lieutenants - Ted Weschler and Todd Combs - felt lost in the investment landscape when the COVID-19 pandemic first happened
The experiences of Paulson, Kashkari, Buffett, Weschler, and Combs highlight the importance of humility when investing
How chaotic the situation was during the Great Financial Crisis
A book written by turnaround expert Steve Miller
Learning the proper lessons from financial crises and market crashes
A prediction by venture capital firm Bessemer Venture Partners from its State of the Cloud 2022 report on how software firms can build different monetisation models through the power of APIs (application programing interfaces)
Amazon co-founder Jeff Bezos linking beer brewers in the early 20th century with cloud computing providers today
An interesting story of how one road in China came to be named “1 Sundram Road”
Another prediction by Bessemer Venture Partners from its State of the Cloud 2022 report: Cloud marketplaces will become an important distribution channel for software companies
Nothing on this show should be taken as investment advice. It is purely for informational and entertainment purposes only. All opinions expressed in this show by us and our guests are solely our own opinions. We and our guests may hold positions in the financial assets discussed in the show. These holdings are subject to change at any time.
We value your feedback, so let us know your thoughts! Contact us at thebetterpodcaster@gmail.com
Show Notes
Book from Mary Childs on Bill Gross titled The Bond King, which featured the story on Hank Paulson and Neel Kashkari: Link
Podcast featuring Ted Weschler, where he shared his investing experience when COVID-19 happened: Link
Book written by Steve Miller: Link
Bessemer Venture Partners State of the Cloud 2022 report: Link
Acquired podcast featuring Jeff Bezos’s story on beer brewers in the early 20th century: Link
TBP Episode 7