265: Ask Buck & Ian!
Podcast: Download
This week’s episode features a discussion with Ian Kurth—radiologist and highly sophisticated investor. Ian is a member of Wealth Formula Network and one of its major assets.
He is doing exactly what, in my opinion, every high-paid professional ought to be doing. He has really transformed himself into a sophisticated investor and thought leader on personal finance for our demographic.
The current discussion is inspired by a 90-minute Wealth Formula Network call around how to think about bitcoin and cryptocurrencies.
It’s important to note that just a couple of years ago, Ian was a bitcoin skeptic. So you are going to want to understand how he has transformed into a very pro-bitcoin investor despite his conservative nature! Listen HERE!
P.S. Ian has also compiled a list of resources that he has found helpful in his journey to becoming crypto-competent. He has kindly permitted me to share them below:
Podcasts
- https://www.theinvestorspodcast.com/bitcoin-fundamentals/page/2/ – Recommend starting with – (#1, #3, & #5 first – links below)
- #1 – https://www.theinvestorspodcast.com/bitcoin-fundamentals/bitcoin-common-misconceptions-w-robert-breedlove/
- #3 – https://www.theinvestorspodcast.com/bitcoin-fundamentals/bitcoin-a-deflationary-world-w-jeff-booth/
- #5 – https://www.theinvestorspodcast.com/bitcoin-fundamentals/bitcoin-michael-saylor-a-masterclass-in-economic-calculation/
- This is an outstanding 9 podcast series. Muscle through the sometimes amateur audio production quality. Michael Saylor is a visionary, who has overqualified background experience. – The “What is Money?” Show
- The Ultimate Bitcoin 101 with Vijay Boyapati
- What Bitcoin Did
- Tim Ferris Show – Balaji Srinivasan
- Many, many more podcasts are available depending on which direction down the rabbit hole you choose.
YouTube
- BTC vs. Gold debate
- “The Best Bitcoin Debate Ever Recorded (Anthony Pompliano vs. Mike Green)”
- Michael Saylor – CNBC
- Ross Stevens (NYDIG)
Articles
- The Bullish Case for Bitcoin
- The Case Against Bitcoin
- Why Bitcoin, The Series
- Norwegian Billionaire Investor Letter on Bitcoin Investment
- Illuminating the Path Forward – NYDIG
Books
- The Bitcoin Standard: The Decentralized Alternative to Central Banking
- Inventing Bitcoin: The Technology Behind the First Truly Scarce and Decentralized Money Explained – Here is a referral code to download this book free: https://www.swanbitcoin.com/Kurthian?gc=yanbook1020&utm_campaign=yanbook1020
- Bitcoin: Hard Money You Can’t F*ck With: Why bitcoin will be the next global reserve currency
Websites
- Case Bitcoin. Lots of solid info/compilations of news/articles/pricing
- https://www.lopp.net/bitcoin-information.html
- http://billybitco.in/
- https://www.keepitsimplebitcoin.com/bitcoin-security-guide/
Graphs
- https://wtfhappenedin1971.com/
- https://www.lookintobitcoin.com/charts/stock-to-flow-model/
- https://dcabtc.com/
Corporate custodianship and legal issues
Buying Crypto
- If you decide to buy on a crypto exchange, I recommend coinbase PRO b/c it has the cheapest transaction fees. (https://www.coinbase.com/join/kurth_6)
- If you want to do daily buys at a cheaper trx fee, and then auto send to a cold storage device, I use Swan Bitcoin. I like to dollar cost average on a daily basis. https://www.swanbitcoin.com/Kurthian
- If you’d like to earn % interest on your bitcoin, you can explore BlockFI. You get some money for signing up.
- For other digital assets that are not on Coinbase Pro, I use Crypto.com. Use code 2grceqsvjv for $25. Voyager is decent for more exotic coins.
- https://www.bitwiseinvestments.com/ is a good private equity index type option that I have used since 2017.
- From a brokerage account, GBTC and ETHE are reasonable bitcoin proxy investments, particularly in qualified retirement accounts.
Dr Ian Kurth is the poster child of successful high paid professionals taking ownership of their personal financial situation. He is a neuroradiologist and he is also a member of our private community Wealth Formula Network. He’s an active participant there and in Investor Club and Physicians Wealth Formula.