The Freedom Founders Podcast

Why Your Best Skills Become Your Worst Investments - Ep21 David Leiter

47 min · 29 de jun de 2026
Portada del episodio Why Your Best Skills Become Your Worst Investments - Ep21 David Leiter

Descripción

"A Wall Street insider on choosing temperament over intelligence — and how your best business instincts work against you" Successful business owners often become poor investors for one simple reason—they bring the wrong mindset. David Phelps sits down with investor and author David Leiter to unpack timeless investing principles, avoid costly mistakes, manage emotions through market cycles, and build lasting wealth through productive assets instead of hype. Episode Links: David Leiter's website - https://www.theultimateinvestor.com/ [https://www.theultimateinvestor.com/] Pre-order David Leiter's book - https://www.amazon.com/Stop-Making-Stupid-Investments-Wealth/dp/1394377657 [https://www.amazon.com/Stop-Making-Stupid-Investments-Wealth/dp/1394377657] Get David Phelps’ Book - https://exitoptional.com [https://exitoptional.com] Join David Phelps' Workshop - https://www.freedomfounders.com/freedom-number-method-workshop/ [https://www.freedomfounders.com/freedom-number-method-workshop/] Timecodes: 00:00 – Why Smart People Make Bad Investments 03:16 – Business Success vs Investing Success 09:24 – Evaluating Private Investment Deals 15:12 – Hype, Ego & Investment Scams 19:48 – The Power of Long-Term Compounding 23:57 – Real Estate Lessons & Market Cycles 31:39 – Debt, Risk & Protecting Wealth 37:03 – Investing vs Speculating 40:22 – Today's Biggest Investment Mistakes 45:35 – Building Real Wealth That Lasts

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"A Wall Street insider on choosing temperament over intelligence — and how your best business instincts work against you" Successful business owners often become poor investors for one simple reason—they bring the wrong mindset. David Phelps sits down with investor and author David Leiter to unpack timeless investing principles, avoid costly mistakes, manage emotions through market cycles, and build lasting wealth through productive assets instead of hype. Episode Links: David Leiter's website - https://www.theultimateinvestor.com/ [https://www.theultimateinvestor.com/] Pre-order David Leiter's book - https://www.amazon.com/Stop-Making-Stupid-Investments-Wealth/dp/1394377657 [https://www.amazon.com/Stop-Making-Stupid-Investments-Wealth/dp/1394377657] Get David Phelps’ Book - https://exitoptional.com [https://exitoptional.com] Join David Phelps' Workshop - https://www.freedomfounders.com/freedom-number-method-workshop/ [https://www.freedomfounders.com/freedom-number-method-workshop/] Timecodes: 00:00 – Why Smart People Make Bad Investments 03:16 – Business Success vs Investing Success 09:24 – Evaluating Private Investment Deals 15:12 – Hype, Ego & Investment Scams 19:48 – The Power of Long-Term Compounding 23:57 – Real Estate Lessons & Market Cycles 31:39 – Debt, Risk & Protecting Wealth 37:03 – Investing vs Speculating 40:22 – Today's Biggest Investment Mistakes 45:35 – Building Real Wealth That Lasts

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