Another look at The Big Short & China with Rich Dad Advisor Andy Tanner – Episode 133

January 28, 2016 Patrick Donohoe 01:01:03 0 Comments

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In this episode of the Wealth Standard, Patrick Donohoe and Andy Tanner sit down to discuss the movie “The Big Short” and how it relates to real life. Patrick and Andy discuss what “shorting” is and how it affects the market. They than relate the current events that have conspired in China and their culture. They discuss the traditions of culture and skepticism that the newer generation is having and how they are finding untraditional ways to access knowledge. They sum up the lessons that they learned from “The Big Short” and how the culture we know now is changing and will continue to change.

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Patrick Donohoe

CEO Paradigm Life

Patrick is the President and CEO and started Paradigm Life in 2007 after learning from his mentor Kim Butler about financial strategies outside of Wall Street.

With a background in economics and marketing, Patrick immediately realized the opportunity to teach investors, business owners, professionals and families on a large scale using modern digital media and communication technology. Since 2007 Paradigm Life has worked with thousands of individuals in all 50 states.

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Tom Wheelright, CPA
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"Patrick's book explains why every American is experiencing worry, fear, and uncertainty with thier finances. 'Heads I Win, Tails You Lose' outlines a better way to take back control and live a life you love."

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Book Nailed it

A should-read for anyone looking to be smart with thier money, and smart enough not to just follow the herd.

Robert K. Cunningham

Very enlightening and actionable!!

If you want a real path to Economic Independance and not a theory this book is for you.

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Wise if I read this years ago.

Great book, made me change my thinking on my investment situation.

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Take back control of your money

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ABOUT THE AUTHOR

Patrick Donohoe is the Founder and CEO of Paradigm Life and PL Wealth Advisors. Patrick and his team teach thousands how to build wealth, create lifetime cash flow, and leave a meaningful legacy.

Patrick was recently honored by Investopedia as one of the Nation's Top 100 Most Financial Advisors. He is a highly sought after presenter and speaker at financial-based events around the country and is the host of The Wealth Standard podcast.

Patrick grew up in West Hartford, Connecticut, and attended the University of Utah, where he received his bachelor's degree in economics. He lives in Salt Lake city with his wife and three children.

WHAT'S INSIDE THE BOOK?

THE CHAPTER LIST:

1. ORIGINS OF THE AMERICAN DREAM
2. THE PERPETUAL WEALTH STRATEGY™
3. QUESTION EVERYTHING
4. BREAK AWAY FROM WALL STREET
5. AVOIDING THE INVESTING AND LENDING TRAP
6. THINK FOR YOURSELF
7. A SOLID FOUNDATION
8. B ELIKE THE WEALTHY
9. MYTHS AND TRUTHS OF INSURANCE
10. SAVE, BORROW, INVEST, AND BUILD WEALTH
11. START, BUILD, AND PROSPER YOUR BUSINESS
12. YOUR FINANCIAL FUTURE
13. MAKE THE SHIFT
14. TAKE BACK CONTROL

Heads I Win, Tails You Lose

by Patrick Donohoe

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