I’ve written before on this blog about how to make investment decisions but I side stepped discussing sources of economic commentary and investment strategies in favour of focusing on establishing the expectation of your potential investments.
Ultimately expectation is what’s going to determine if you’re investment is a winner or a loser BUT there’s no doubt that understanding current economic conditions is a factor in determining expectation.
Therefore I bring you my top 7 best investing podcasts to listen to in 2021.
These podcasts, along with my honourable mentions, are the main sources I use to formulate my understanding of the current economic climate.
They’re not half bad for investment ideas and strategies either… so make like a sponge and start soaking them up.
#7 The Property Podcast
The Property Podcast is hosted by Rob Bence and Rob Dix from The Property Hub. Episodes are delivered weekly and run for 30 minutes.
The show is aimed firmly at beginners, which can make it over simple at times, but it does a good job of covering important economic and investment ideas as well as focussing on property investing strategies and the current state of the UK housing market.
Beginners are going to love it but seasoned investors, who have a good grasp on investment theory already, will find some episodes frustrating as it can lack depth.
Regardless it’s well worth checking out and goes down a treat on a Thursday morning when I’m driving to golf.
#6 Doug Polk Podcast
Doug Polk is a high stakes poker legend who, at times, has been widely considered the number 1 heads up no limit hold-em player on the planet.
He’s also managed to ship 3 World Series of Poker bracelets including the $111,111 buy-in Higher Roller One Drop at the 2017 WSOP for a cool $3,686,865 in prize money.
The Doug Polk Podcast is still in it’s infancy but it’s shaping up to be a long term staple in my feed. You can expect a bias towards poker content, which won’t be for everyone, but mixed in with that you’ll find plenty of talk about crypto currency where in my opinion Polk presents a solid unbiased perspective that’s worth taking into account.
#5 Tej Talks
Tej Talks is probably the number one most listened to podcast on property investing that faces a UK audience.
I made an appearance on this one back in March 2021.
The episode is titled ‘How to Spend £1m in Property’ and covers my initial approach to property investing, what dominated my thought process and my general ethos in the space – check it out on Apple Podcasts here or Spotify using the player below.
When I’m not hogging the mic show host Tej Singh does a great job of interviewing the biggest names in the UK property space, really digging into the strategies they employ and the numbers behind their deals.
If you’re not into property then you might find this one a struggle but weekly listeners will also get a good idea of how property developers up and down the country are thinking which can be excellent for formulating a good hold on the macro state of the UK property market.
#4 MoneyWeek Podcast
The MoneyWeek Podcast focuses the majority of their content on investing in the stock market.
Episodes are often based around hot investing topics, which can be helpful for framing your understanding of what’s going on in the markets right now.
Hosts, Merryn Somerset Webb and John Stepek, are very much old school investors and thinkers which will put some off (Crypto fans boys are not going to like what they have to say) but for me that’s a positive as it helps me understand what that segment of the market is thinking and where their concerns lie.
It’s one of the only UK based investing podcasts I know that regularly features actual fund managers which again is great for understanding different market perspectives and strategies.
#3 Tim Ferriss Show
Tim Ferriss has one of the most widely listened to business podcasts of all time, is a stand out angel investor getting in early on Uber, FB, Twitter, Alibaba and Shopify whilst also being a best selling author and personal optimisation guru.
The range of guests on the Tim Ferriss Show is all encompassing but don’t always match my interests and you’ll likely find the same… as much as I might like psychedelic drugs there’s only so much chat about DMT, Ayahuasca and Shamans I can take.
That being said it’s a great listen for mindset and self optimisation and regularly features some of the biggest names in the world of investing – episode #431 with Howard Marks for example is a cracker.
There’s a strong chance you won’t want to listen to every episode but there’s an even stronger chance you’ll get a ton of value from the one’s you do dip into.
#2 All-In Podcast
The All-In Podcast has been running just over a year and since I started listening I don’t think I’ve missed a single episode.
It’s hosted by Jason Calacanis, Chamath Palihapitiya, David Sacs and David Friedberg… four of the most wealth mofo’s on the planet.
Nothing is off the table on the show but mostly you’ll find these guys discussing political commentary, market insights, angel investing and the state of the economy.
All four are US based and the podcast has a strong US bias – crucial as often world wide markets follow what first happens in the United States.
Expect plenty of banter, talk of high stakes poker games and informed discussion from various political biases on what’s going on in the world and the economy.
The stand out episode is #22 Reflecting on the Robinhood Situation – this episode, and all subsequent covering Robinhood and Gamestop, put the show on the map and it’s gone from strength to strength ever since.
#1 The Memo by Howard Marks
Howard Marks, co-founder of Oaktree Capital, is somewhat of an investing god.
Warren Buffet, another investing god, is also a big fan and has gone on record stating…
When I see memos from Howard Marks in my mail, they’re the first thing I open and read. I always learn something..Warren Buffet
The Memo by Howard Marks is essentially just an audio version of the written memo’s produced by Howard Marks.
Don’t expect to see these on too regular a basis but when they do pop up always listen and pay attention. You’ll learn how one of the best investors of all time thinks about market dynamics and you’ll get invaluable insight, which you can copy, into how you should think about investing on a practical and theoretical level.
There’s no single better source of information for gauging the current state of the market than this podcast and there’s no single better source of investment theory either.
Honourable Mentions: Other Top Investing Podcasts
The Brandon Adams Podcast
Brandon Adams is former Harvard professor who’s areas of expertise lie in game theory, macro economics and behavioural finance. His podcast focusses mainly on economics and is published somewhat sporadically. You might only get a couple a month but discussion is high level and can offer a good insight into current macro economic conditions as well as high stakes poker.
Inside Property Investing Podcast
Mike Stenhouse, host of the Inside Property Investing Podcast, spends most of his time living on a boat somewhere in the Mediterranean with his wife Victoria. They run a successful portfolio of UK based HMO’s where much of the podcasts focus lies.
I was lucky enough to be on invited on episode #343 titled David Lenton on Building an Unencumbered Portfolio Leveraging Growth (Apple Podcasts link).
The J2 Hub
The J2Hub podcast hosted by James Sahota is a property investing podcast focussed on the UK market. Along with various guests James does a good job of portraying what it’s really like to run a property investment business. His honesty and willingness to admit and share when things don’t quite go to plan makes it one of the most genuine listens in the property podcasting space.
The J2 Hub podcast would likely make my top 7 best investment podcasts list if it was produced on a more regular basis.
Property Investing 2.0
I’ll admit to never having listened to Property Investing 2.0 with Raj Chengadu until I was asked to come on the show to discuss property, online poker and investing.
After recording my episode titled From Professional Poker Player to Property Investor (listen on Apple Podcasts here or use the Spotify player below) I dug into the archives and pulled out some gems… my favourite being Ranjan Bhattacharya’s episode titled Ranjan Bhattacharya on His Investing & Portfolio Building Criteria which offers unique insights on commercial to residential conversions.