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In this episode, we ask:

• Does X mark the spot?
• Who is Dave Bonnemort?
• How did Dave get his start?
• How many policies does Dave and his family own?
• What is the E.S.I. framework?
• What about earning?
• What about saving?
• What about interest?
• What about banking?
• Who is good at at least two of the three?
• What about investing in yourself and your health?
• What about education?
• How might we bring value to others?
• What have you done to help keep up with inflation?
• What is the difference between saving and investing?
• Is a 401(k) saving or investing?
• What about the book Becoming Your Own Banker by Nelson Nash?
• What about keeping your debts low?
• What did Charlie Munger say?
• What about Willie Sutton’s law?
• What about the changing rules?
• Have you looked at the history of taxes?
• Where are the big payouts?
• What about risk?
• What about the likelihood of loss vs. the likelihood of winning?
• What about volatility?
• What about saving and building capital?
• What about being broke as a joke?
• How did Dave 10x some of his money?
• Who knows better (what to do with your money)?
• What about banking, rate and volume?
• What are the two businesses?
• How about patience and hard work?
• What about the mindset?
• What are the ugly, painful, grinding years?
• What about the capitalization phase?
• How is this like starting a tree farm?
• What about the loan phase?
• How much money do you bring in every month?
• What dollar amount do you bring in as loans?
• What if you were paying yourself back (for loans) and recapturing that interest instead?
• Would you like to hear Part 2 with Dave next week?
• What are the takeaways?
• What about the need to have accessible, liquid capital?