Ep217: Inspiration in Times of Crisis from Giacomo Arcaro, Johnny FD & Nicolas Rabener

By Andrew Stotz | 04/30/2020 |

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Three more of our past podcast guests graciously shared some words of advice to help us cope and make the most out of the COVID-19 epidemic.

Giacomo Arcaro from Ep113 Don’t Chase the Money

Giacomo Arcaro is one of the most important European growth hackers, with more than 140,000 “crypto-followers” and has been featured in the Financial Times, Forbes, Wired, and the Los Angeles Times. He’s had 2-million-euro exits with two start-ups, CercaClienti.it and SocialAutomation.online, and is the founder of Black Marketing Guru.

We need to understand that during the COVID-19 crisis, we are going to face a low touch economy where you have to consider a lot of factors.
If you have a business based in a small area with a lot of people, you need to reconsider reinventing your business so that it remains standing if this crisis goes for a year or two.
One way of reinventing your business, for example, is running it on social media platforms such as Instagram or Facebook Live.
COVID-19 has not changed our lives; instead, it has anticipated the digital revolution.

Johnny FD from Ep134 Stay on Track

Johnny FD (Fighter-Divemaster) quit his job at corporate giant Honeywell in 2007 to move to Thailand, travel the world, and work as a professional scuba diver. He has since written two books: 12 Weeks in Thailand: The Good Life on the Cheap and Life Changes Quick (both on Amazon), started multiple six-figure online businesses, and since has been interviewed and featured in Forbes, Business Insider, Fast Company, Entrepreneur, and the BBC.

If you don’t get out of this quarantine with new skills, new knowledge, a side business or side hustle started, then you never lacked the time you lacked discipline.
But if you were working hard and didn’t have enough time to rest and you really need to, take a break. Lay around, do nothing, and relax. But if you are only laying on your bed scrolling through your smartphone and just eating and complaining, you need to get out of bed and make some changes and money.
You can start by treating your stay at home as the standard working days; the only difference is that you are not getting outside.
Now is the time to do things that you usually don’t have time to do, for example, learning a foreign language, reading, learning a new skill, etc.
There’s going to be a lot of money to be made and a lot of money to be lost. Make your decisions wisely so that you’re on the money-making side.

Nicolas Rabener from Ep55 Diversification: An Easy Way to Reduce Your Investing Risk

Nicolas Rabener is the founder of FactorResearch, which provides quantitative solutions for factor investing. Previously he created Jackdaw Capital, an award-winning quantitative investment manager focused on equity market neutral strategies.

Unlike the Global Financial Crisis in 2008, low volatility smart beta ETFs in the US have declined as much as the stock market and therefore failed to provide the desired downside protection.
Tail risk strategies are currently attractive because some of them generated outsized returns in March when the stock markets crash.
If you’re considering buying portfolio protection, it’s going to be very expensive because, just like insurance, portfolio protection is best purchased when it is not required.

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About the show & host, Andrew Stotz

Welcome to My Worst Investment Ever podcast hosted by Your Worst Podcast Host, Andrew Stotz, where you will hear stories of loss to keep you winning. In our community, we know that to win in investing you must take the risk, but to win big, you’ve got to reduce it.

Your Worst Podcast Host, Andrew Stotz, Ph.D., CFA, is also the CEO of A. Stotz Investment Research and A. Stotz Academy, which helps people create, grow, measure, and protect their wealth.