{"podcast":{"title":"My First Million","slug":"my-first-million-438184","podcast_index_feed_id":438184,"rss_url":"https://feeds.megaphone.fm/HS2300184645","website_url":"https://www.mfmpod.com/","image_url":"https://megaphone.imgix.net/podcasts/39846662-79ea-11eb-9b06-a75ddc4bddcc/image/39f8195a6d8978d0a7bd9c7d7b3fba2d.png?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"Hubspot","episode_count":881,"summary":"Sam Parr and Shaan Puri brainstorm new business ideas based on trends & opportunities they see in the market. Sometimes they bring on famous guests to brainstorm with them.","last_synced_at":"2026-07-15T18:20:17.739123+00:00","page_url":"https://stenobird.com/podcast/my-first-million-438184"},"episode":{"title":"Howard Marks: how I make money while you worry about a market crash","slug":"howard-marks-how-i-make-money-while-you-worry-about-a-market-crash","published_at":"2026-07-15T09:00:00+00:00","page_url":"https://stenobird.com/podcast/my-first-million-438184/howard-marks-how-i-make-money-while-you-worry-about-a-market-crash","show_page_url":"https://stenobird.com/podcast/my-first-million-438184","url":"https://pdst.fm/e/traffic.megaphone.fm/HS7019324451.mp3","audio_url":"https://pdst.fm/e/traffic.megaphone.fm/HS7019324451.mp3","summary":"Investing Guide: https://clickhubspot.com/epkr Episode 841: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to legendary investor Howard Marks about AI and making decisions in the face of fear and uncertainty.  — Show Notes: (0:00) AI Hurtles Ahead (8:26) second level thinking (10:21) investing through the end of the world (14:47) raising $11B at a time of crisis (17:54) investing with fear (20:22) the key to a successful partnership (25:01) being a good father (27:37) only 1 success: to live your life your way (34:17) Having lunch with Warren Buffett (37:18) What people don't know about Buffett (39:37) cigar butt investing (41:35) recommended reading — Links: • AI Hurtles Ahead - https://www.oaktreecapital.com/insights/memo/ai-hurtles-ahead  • A Short History of Financial Euphoria - https://www.amazon.com/History-Financial-Euphoria-Penguin-Business/dp/0140238565  • Fooled by Randomness - https://www.amazon.com/Fooled-Randomness-Hidden-Markets-Incerto/dp/0812975219  — Check Out Sam's Stuff: • Hampton (joinhampton.com): My community for founders. Average member does $25m/year. Many of the guests are members. Get after it...apply: http://joinhampton.com/mfm — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com  • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Shaan uses Mercury for banking across all of his companies. you can too: http://mercury.com/  Mercury is a fintech company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members…","meta_description":"Investing Guide: https://clickhubspot.com/epkr Episode 841: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to legenda…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2819,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/my-first-million-438184/episodes/howard-marks-how-i-make-money-while-you-worry-about-a-market-crash/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/my-first-million-438184/howard-marks-how-i-make-money-while-you-worry-about-a-market-crash.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}