MI Rewind: Contrarian Thinking w/ Codie Sanchez

Robert Leonard talks to Codie Sanchez about where her curiosity for becoming a contrarian came from, her favorite ways of building cash flow with no money, and a bunch more. Codie Sanchez is a reformed journalist turned institutional investor. Throughout her career, she has worked the intersection of marketing and money, finding contrarian ways to invest. IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 05:44 - Why Codie thinks the saying "Money can't buy you happiness" is wrong. 11:14 - The importance of books in contrarian thinking. 14:44 - Why rental properties might be a dumb idea according to Codie. 22:01 - How Codie financed a laundromat deal that went viral on Twitter because it had a net of $67,000 when it only needed $100,000 to close. 28:16 - What the quote, “The world is the classroom, the school is the prison,” means. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Codie Sanchez’s Twitter Thread 10 Hard Truths About Getting Rich. Codie Sanchez’s free e-book 28 Passive Income Ideas. Christopher Hitchen's book Letter to a Young Contrarian. Andrew Robert's book Churchill: Walking with Destiny. Morgan Housel’s book The Psychology of Money. David Swensen’s book Unconventional Success. Mark Manson’s book Subtle Art: Counterintuitive Approach to Living a Good Life. All of Robert’s favorite books. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Airbnb Range Rover Meyka Fundrise NetSuite Connect with Codie: Website | Twitter | LinkedIn Connect with Robert: Website | Twitter | Instagram  HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!  Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm