Tag: Enron Scandal

2 Finance Guys and Their Life Lessons (Ep. 53)

2 Finance Guys and Their Life Lessons (Ep. 53)

Have you ever considered the lessons learned from major financial crises that shaped our history?

In this episode of The WIN Podcast, Corey Heimensen dives into pivotal events like the Enron scandal, Madoff Ponzi scheme, and the stock market crash of 1987. 

Listen today and discover the valuable lessons gleaned from these financial disasters and how they can shape your financial decisions.

Corey discusses:

  • Lessons from the Enron scandal and the importance of understanding investments before diving in
  • Insights into the notorious Bernie Madoff Ponzi scheme and the dangers of unrealistic returns
  • Reflections on the 1987 stock market crash and the significance of cash flow and reserves
  • Valuable takeaways from history to navigate financial markets with wisdom and perspective
  • And more!

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Winter Tennis Breakdown (Ep. 47)

Winter Tennis Breakdown (Ep. 47)

What do tennis and finance have in common? 

More than you might think!

In both fields, unforced errors can have a huge impact on your performance and outcomes.

This week, Corey Heimensen explores the concept of unforced errors in finance, draws parallels between tennis and decision-making, and dives into the psychology behind our choices. He also emphasizes the importance of learning from mistakes, avoiding overconfidence, and planning for the future.

Corey discusses:

  • Unforced errors in tennis and golf, and how they relate to mistakes made in the investing and finance world
  • The US Open, the crowd, and the drink called ‘Honey Deuce’
  • The importance of evaluating mistakes and learning from them in order to improve in various aspects of life
  • The importance of understanding and not underestimating the risks associated with investments and financial decisions
  • The dangers of overconfidence and the inevitable market downturns
  • The importance of managing taxes, ensuring cash flow, and weathering market volatility for long-term success
  • And more!

 

Resources:

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