#232: Nick Maggiulli [VIDEO] – From Blogging To Getting Mentioned On Tim Ferriss

Nick Maggiulli is the creator of Of Dollars And Data and the Chief Operating Officer at Ritholtz Wealth Management. He has published a post on his blog every week since 2017. Most recently, he published his first book (Just Keep Buying: Proven Ways To Save Money And Build Your Wealth), which has sold over 10,000 copies in the first month.  In this conversation, we speak about what it felt like to get mentioned on The Tim Ferriss Show, the power of books, how Morgan Housel has served as a mentor for Nick, and much more. 

The video version of this podcast is available on Spotify and YouTube.

Topics discussed:

(0:00) Intro 

(0:33) Tooth fairy 

(2:23) How does skepticism impact you? 

(5:08) Starting a blog (and the slow grind) 

(8:35) Moments of quitting? 

(10:48) How has motivation changed for Nick? 

(13:21) Going on a book tour and repeating himself? 

(15:25) Optimism toward future progress 

(17:03) Does paying attention to the news impact Nick? 

(18:08) The power of books 

(19:21) How many hours to write Just Keep Buying? 

(20:13) Most unexpected challenge when writing the book? 

(22:03) Nick’s $500,000 goal by 30 

(23:40) Is high expectations a new phenomenon? 

(26:23) Dealing with existential dread in early 20s 

(27:46) What would Nick recommend to young people who don’t know? 

(29:36) “I’ll probably never write a book” –Nick, May 2020 

(34:23) Do family and friends rely on Nick as a data scientist? 

(35:49) Words matter 

(37:54) Taleb’s Turkey Problem 

(40:03) Winners keep winning true for nations as well? 

(42:24) Morgan Housel as a mentor 

(44:48) Shouted out on Tim Ferriss Show 

(46:50) “No medals for prevention, only cures”  

(49:07) Appreciation for Mark Zuckerberg 

(51:23) Creating as a part of your being 

(53:03) How to be kinder   

Nick’s book (Just Keep Buying) – https://www.amazon.com/Just-Keep-Buying-Proven-wealth/dp/0857199250

Nick's Twitter – https://twitter.com/dollarsanddata

Nick's Website – https://ofdollarsanddata.com/

Resources Mentioned:  

Escape From Freedom by Erich Fromm – https://www.amazon.com/Escape-Freedom-Erich-Fromm/dp/0805031499

How To Write Weekly and Accelerate Your Career (Nick Maggiulli + David Perell) – https://www.youtube.com/watch?v=7HI5CISSPms

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