Investigating The Mormon's $100 Billion Hedge Fund (

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  • čas pƙidĂĄn 16. 07. 2024
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    Episode 424: Shaan Puri ( / shaanvp ) and Sam Parr ( / thesamparr ) talk about the greatest business of all time, what psy-ops can do, the work smarter not harder hack with Parallel Live Simulator, and much more.
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    Links:
    * SEC Filing for LDS Church - www.deseret.com/u-s-world/202...
    * Team Jorge Wiki - en.wikipedia.org/wiki/Team_Jorge
    * Parallel - Live Simulator - apps.apple.com/us/app/paralle...
    * James Currier Twitter - / jamescurrier
    * NFX - www.nfx.com
    📧: Sign up for The Hustle Daily Newsletter: mfmpod.link/xon
    đŸŽ™ïž: Download Our Podcast: link.chtbl.com/Xq6lWi3m
    A podcast where we brainstorm new business ideas based on trends & opportunities we see in the market. Sometimes we have famous guests, and they do it with us.
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    Show Notes:
    (00:00) - Intro
    (01:27) - The greatest business ever
    (18:37) - Psy-ops as a service
    (37:02) - The work smarter not harder hack
    (41:46) - Shaan meeting with James Currier
    (53:25) - The four things you need to know for a great business partnership
    ------
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Komentáƙe • 116

  • @MyFirstMillionPod
    @MyFirstMillionPod  Pƙed rokem +10

    Do us a favor and rate the episode 1-10 (no 7s or 8s allowed).

    • @gauravnagpal3123
      @gauravnagpal3123 Pƙed rokem

      I know the NPS funda ..so i would give it 8

    • @MarzooqAHQ
      @MarzooqAHQ Pƙed rokem +1

      7.999 instead of the regular 9 b/c there aren't any timestamps

    • @fractalarbitrage
      @fractalarbitrage Pƙed rokem

      Last 2 were straight 10's. Great job on the 100 mil and bil in the copywriting of the last 2 videos as well.

    • @siansroadtonirvana
      @siansroadtonirvana Pƙed rokem

      10

    • @xsw882
      @xsw882 Pƙed rokem

      i was gonna say 8 until the zuck jokes in the last 10 min, 10/10 đŸ€ŁđŸ€ŁđŸ€Ł

  • @engineeredaf1920
    @engineeredaf1920 Pƙed rokem +8

    Much respect to Ben in how he handled that. I haven’t met a Mormon I didn’t like.

  • @SpencerCornelia
    @SpencerCornelia Pƙed rokem +3

    So funny to hear you guys talk about the best business in the world. I’m writing the script now for my next video about how starting a mega church is the best way to get wealthy in America.

  • @bullshark3000
    @bullshark3000 Pƙed rokem +2

    4 things for having a great lasting partnership:
    1. Make it a giving contest
    2. When you have disagreements, use the sleep test
    3. When you look at data, ask what story is it telling you? rather than trying to find data to support your thesis
    4. Be as close to the center of a network as possible, where you can help connect everyone around you , similar to an API

  • @infernorabbit
    @infernorabbit Pƙed rokem +5

    Love that George Carlin reference

  • @pathfinder41
    @pathfinder41 Pƙed rokem +5

    Eternal LTV took me out đŸ€ŁđŸ€Ł

  • @terenceoconnor3498
    @terenceoconnor3498 Pƙed rokem +4

    Sam’s rant was almost identical to great George Carlin bit, “he is really bad with money, and he always needs more..”

    • @moneywisebyhampton
      @moneywisebyhampton Pƙed rokem +1

      Yea! Stole it! But it's sam famous I didn't even need to cite.

  • @duolingo2579
    @duolingo2579 Pƙed rokem +3

    Scientology must have a huge amount of cash too, would love to see the guys discuss this

  • @TScottW99
    @TScottW99 Pƙed rokem +5

    Great episode, give it a 9. On the partnership, I love the giving contest. My best friend looks at it like a savings account. He's always wanting to put more in then he ever takes out. Great stuff guys.

  • @thegrowshow
    @thegrowshow Pƙed rokem +1

    | This is a solid 9. You are always unafraid to talk about things others fear. Thank you.

  • @aayan5404
    @aayan5404 Pƙed rokem +2

    Loved this episode⚡⚡

  • @rosh70
    @rosh70 Pƙed rokem +3

    Granted some episodes do drag a bit, or go off-way. But, I love this podcast, not just becoz' it offers so much information, but also becoz' it's like two normal guys chatting at a cafe. I've picked up so much info from this podcast...love watching it on YT, rather than listen on Spotify, or iPodcast.

  • @moncorp1
    @moncorp1 Pƙed rokem

    "Stay in the inner circle. Don't move to Austin." Yeah, that dude's gonna wake up some day and realize everyone moved to Austin and now the inner circle IS in Austin.

  • @ethanluke0
    @ethanluke0 Pƙed rokem +14

    Sam's laugh has had a more positive impact on my life than any two MFM episodes combined.
    Here's an idea, a sitcom with a classic laugh track. Except the laugh track is always a clip of Sam's laugh from MFM episodes.

  • @biscaynesupercars
    @biscaynesupercars Pƙed 10 měsĂ­ci

    I’m only 35 minutes in and this might be one of your most informative podcast just off the Mormon and psyop segments alone

  • @abhayrohom
    @abhayrohom Pƙed rokem +1

    Guy's, even my laughter has become like Sam. That's how much I am binging on your content😆

  • @nickhumph
    @nickhumph Pƙed rokem +1

    guys honestly this is one of your best pods - opened my eyes to things I was thinking about but you articulated really well! The business of religion is nuts. Well done 👏👏👏

  • @matthewiversen
    @matthewiversen Pƙed rokem +3

    Mormon here - also kind of love how much $ the church has. We have our conspiracy’s about what it’ll be spent on.

  • @scottpage88
    @scottpage88 Pƙed rokem

    Love the way Ben handled the conversation. Where can we follow your social media Ben? Great podcast fellas.

  • @siansroadtonirvana
    @siansroadtonirvana Pƙed rokem +3

    Nice haircut Shaan! 😉👍

  • @TreverBettis
    @TreverBettis Pƙed rokem +1

    This podcast is epic!!!

  • @tommyrs20
    @tommyrs20 Pƙed rokem +1

    Shaan, loving that #12 fade.

  • @iaustincoon
    @iaustincoon Pƙed rokem +2

    Gentlemens Agreement Complete đŸ’ȘđŸŒ

  • @kristopherkostelecky
    @kristopherkostelecky Pƙed rokem +1

    One of my colleagues was employee number #93 at Google. Stayed through the first 10k employees I think.

  • @rathgrams
    @rathgrams Pƙed 4 měsĂ­ci

    This is a goat episode 🐐

  • @stealthoverflow
    @stealthoverflow Pƙed rokem +5

    We need Zuckerberg on here at MFM for sure.
    Make sure to approach him around the launch of a major Meta project. He seems to give interviews only at that time period.
    Would be a short episode, cause he's Zuck, but I'm sure Sam and Shaan can extract something invaluable from him.

    • @bullshark3000
      @bullshark3000 Pƙed rokem

      zuck would never come on here.. cmon man

    • @stealthoverflow
      @stealthoverflow Pƙed rokem

      @@bullshark3000 I agree. They can still try to get him.

  • @bojan_najdov
    @bojan_najdov Pƙed rokem +4

    Hey all,
    Who are the people that listen to this show?
    I'll go first, I run a web dev agency, staffing and end to end software development
    I watch this show for entertainment and some ideas/inspiration, like this episode, Shaan gave a great idea to follow up meetings with a minutes of meeting/summary - Its such a great hack to build and keep the relationship
    Who are you guys and why are you watching?

  • @christopherstage9814
    @christopherstage9814 Pƙed rokem +1

    Doing your gents agreement here but I gotta ask, what’s up with the white frame on your vid’s? Is that like branding or something?

  • @MADMAX7330
    @MADMAX7330 Pƙed rokem +7

    Shawn's turning more into an Iranian taxi driver with those bead seat covers and shaggy carpets by the week

  • @bombasm
    @bombasm Pƙed 11 měsĂ­ci

    This is easily the funniest thing on the internet.

  • @ChristianGardner
    @ChristianGardner Pƙed rokem +1

    I would pay to have your guys (and your researchers) method for research 
 plz

  • @eugeniocg3079
    @eugeniocg3079 Pƙed rokem +1

    let’s get itttt

  • @samgamewell
    @samgamewell Pƙed rokem +1

    The question is how much have the Jovos got - How many buildings do they own????

  • @herogebrial
    @herogebrial Pƙed rokem +1

    Sounds like an evil company 😈
    Humanity 😱

  • @socialstuf
    @socialstuf Pƙed rokem +1

    Hey 👋
    Are you looking for shorts video editor?

  • @jamestellsthetruth
    @jamestellsthetruth Pƙed rokem +1

    Guys dont forget the gentlemens agreement. If you like it, you must subscribe

  • @israelnkusi4578
    @israelnkusi4578 Pƙed rokem +1

    52:35 Shan“I think our audience is second time founders, small business owners”, 18 year old in Ottawa public housing 😂😂. Been watching for a half a year though

    • @israelnkusi4578
      @israelnkusi4578 Pƙed rokem

      That’s so funny is this where I get desperate and you offer me some sort of dropshipping with TikTok course😂😂😂

  • @LouisArquivio
    @LouisArquivio Pƙed rokem +1

    1:04:27 I literally had to stop listening to the episode at this point, people were starting to look at me very strange at the gym because of much I was laughing alone

  • @TheEamonKeane
    @TheEamonKeane Pƙed rokem +1

    Fresh fade Shaan. Suits you

  • @JRskatrPvP
    @JRskatrPvP Pƙed rokem +2

    I love how Shaan basically just rips on organized religion for the entire set up of that business 😂 It really does paint a picture of how messed up it really is.

  • @JL-ky5ev
    @JL-ky5ev Pƙed rokem

    Shaan went from looking like a enlightened cult leader to a Tiktok tech infulencer with the new haircut

  • @charithn5952
    @charithn5952 Pƙed rokem +3

    needs f... money đŸ€ŁđŸ€ŁđŸ€Ł

  • @jonteeter7808
    @jonteeter7808 Pƙed rokem +2

    Sam channeling George Carlin

  • @mweiss505
    @mweiss505 Pƙed rokem +1

    As an othordox jew we also believe in giving 10% of your income to charity but not to any fund, etc. You give it to your neighbor who struggles or to any other cause you feel is important. It's ridiculous how these religions are just using their believers to make money, even if no individual makes profit from it, but why shouldn't the money be used to help ppl who struggle. This is totally against God's will.

  • @nazramirezm
    @nazramirezm Pƙed rokem

    Hey guys, show notes don’t show up on the video if you don’t have the 00:00 mark.

  • @adisj5696
    @adisj5696 Pƙed rokem +1

    10. I have thought about this before, and i would say the best businesses are abrahamic religion and running country. Abrahamic religion because of their centralisation. In dharmic religion or pagan religion you can run a cult, but its has a limited scalability. Take hinduism for example, in India, hindus/hinduism has no tax break or subsidy. They are heavily taxed while abrahamic religion are completely tax free, gets subsidy and enjoys & absuses extra judicial powers and institutions as well as global support.

  • @MrTobi4
    @MrTobi4 Pƙed rokem

    14:02 Sam that’s a George Carlin joke, you should credit rather than steal my friend

  • @yoyo12885
    @yoyo12885 Pƙed rokem +1

    Why does Ben look like an AI?

  • @Harpreet06
    @Harpreet06 Pƙed rokem

    What revenue does Whatsapp revenue now? I don't even know how they make money

  • @Wakiem541
    @Wakiem541 Pƙed rokem

    @samparr I caught that George Carlin reference 😏

  • @cd-rom.
    @cd-rom. Pƙed rokem

    it’s more than $100b. Source: Anon

  • @Nurof3n_
    @Nurof3n_ Pƙed rokem +2

    So a team of people whose business is making stuff go viral go viral about their business? Is anyone else smelling the conspiracy?

  • @gjmjeagles
    @gjmjeagles Pƙed rokem

    It seems like this episode should be Rated a 6. What happened to mentioning “THE AGREEMENT”? It sounded like Shaan was given the advice to keep this podcast mediocre. How do you incorporate that advice into your greatness journey? How do you successfully mix the 2 and be the best at being in the middle?

  • @kenpowell3557
    @kenpowell3557 Pƙed 6 měsĂ­ci

    you miss the point rainy day fund allows members who are in prison,homeless,unemployed members-they serve their members and many charitable causes I am not a Mormon

  • @LivingInSaltLakeCity
    @LivingInSaltLakeCity Pƙed rokem +29

    As somebody who grew up Mormon, but is no longer. In my view, their investment portfolio is appalling and the fact that Ben claims that most people within the church don’t think it’s a big deal is ridiculous. For the size of the church, It’s one thing to have 5-10B stocked away, but to have as much as they do when members of their church are struggling (I’m talking about the millions in 3rd world countries who make dollars a day) is just unbelievable. One of the MANY reasons I left and why many others have too.

    • @benjaminwilson3367
      @benjaminwilson3367 Pƙed rokem +7

      Cool. Stay mad.

    • @chrewtransformation
      @chrewtransformation Pƙed rokem

      It definitely didn't convince me to stay 😆

    • @dans8927
      @dans8927 Pƙed rokem +3

      Legit question: I'm not a Mormon .... but what is seriously your objection? I don't understand the objection

    • @chrewtransformation
      @chrewtransformation Pƙed rokem +3

      @@dans8927 Saving the donations that they claimed was going to serve people. They're saving it for "a rainy day" instead of putting it into action in the world today to help people in need. They don't even donate 10% of their revenue/income that comes from the members. The church leads people to think that their donations are helping people when it's not. They aren't even transparent about where the funds are used

    • @Yurttrut
      @Yurttrut Pƙed rokem

      So, that is how capitalism works. Why don’t you get mad at Elon musks who has billions for him self? You are just anti church.

  • @sunidollfun
    @sunidollfun Pƙed rokem

    Sam pronouncing 'emu' lol!

  • @LibreTico
    @LibreTico Pƙed rokem +2

    Happy that I am out of the Mormon Church

  • @FreddyHuman
    @FreddyHuman Pƙed rokem +1

    5

  • @kenpowell3557
    @kenpowell3557 Pƙed 6 měsĂ­ci

    time for you to ask about Harvard hedge funds billions locked up and getting money from Feds

  • @fran3570
    @fran3570 Pƙed 10 měsĂ­ci

    Dude, it is not cool to steal George Carlin's church bit. Not cool.

  • @ownagejuice1394
    @ownagejuice1394 Pƙed rokem

    that's nothing. Try Vatican Church fund noobs

  • @babarkhanjaved4835
    @babarkhanjaved4835 Pƙed rokem

    54:00 that is beautiful.

  • @AverusMuto
    @AverusMuto Pƙed rokem

    No sound

  • @Nazyaali110
    @Nazyaali110 Pƙed rokem +1

    I’m not triggered or fragile by any means but “you’re uh Hindee or Hindoo? Something like that?” is kind of đŸ€” specially when this question has been asked at least twice in previous pods. Hindi is a language Hindu is a religion. Nobody expects people to memorize details of every culture but this particular subset included billions of the world’s people. If you don’t know, just ask tasteful questions ok?
    There is an interesting Hindi film addressing this topic called PK.

    • @engineeredaf1920
      @engineeredaf1920 Pƙed rokem +2

      Sam gets a pass cuz he’s a dropout 😂

    • @sreyanshuchaterjee3962
      @sreyanshuchaterjee3962 Pƙed rokem

      PK is a sound description of Hindu? You mean a hindu mocking propaganda packed into a commecial movie?
      If such movie be made on muslims, there be riots now.

    • @adisj5696
      @adisj5696 Pƙed rokem

      @@engineeredaf1920he is just asking, whats wrong with that? and PK is a horribly terrible movie

    • @Rain_Drops
      @Rain_Drops Pƙed rokem

      Hindu is also not a religion. It's an identity. Sanatan dharma and all its different offshoots are religions.

    • @mefisto05s.20
      @mefisto05s.20 Pƙed rokem

      @@Rain_Drops exactly

  • @DRT279
    @DRT279 Pƙed rokem

    Who cares.

  • @abhayrohom
    @abhayrohom Pƙed rokem +3

    Just opened this video and I couldn't wait for the end to say, 'Shaan, haircutđŸ«Ą'.