Isaac Saul - Founder Tangle #16

🎧New podcast episode. Welcome Back Everyone. We’re taking a break from our summer finance series this week to cover an equally important topic—the proliferation of bias in the media.  Our guest today is Isaac Saul, the creator of Tangle, a popular daily newsletter and podcast that seeks to provide independent, non-partisan coverage of American politics.  Over the last several years, Isaac has built up an impressive following of over 65,000 daily readers and has become one of the most important voices for media reform in the world.

I wanted to have Isaac on the show because I think he’s really on to something with Tangle and believe what he’s doing is pivotal for the revitalization of our American Democracy.  The 4th Estate, a necessary component of any democracy, almost didn’t survive the arrival of the Internet and Social Media.  I say “almost” because people like Isaac are proving that there’s still genuine demand out there for rational, civil political engagement.  While the Internet may have broken the business model of the news and introduced scary threats like the echo chamber effect, clickbait, and fake news, a new frontier has emerged and creators like Isaac are paving the way.  

In this engaging discussion, we cover

  • The Ins and Outs of the Tangle Newsletter

  • The inspiring origin story behind it

  • How Isaac goes about the not so easy task of trying
    to develop an unbiased perspective

  • The fascinating, unexpected feedback Isaac gets from Tangle readers &

  • Much, much more

As always, thanks for tuning in and Hope you all enjoy.

Listen to the episode on Apple Podcasts, Spotify, Google Podcasts, Amazon Music and Youtube or on your favorite podcast platform.

Nick Halaris

I’ve been fascinated by investing for as long as I can remember. As a kid, I would read the Wall Street Journal, the Economist and Barron’s, pouring over the data tables, stories and interviews with a passion and an insatiable kind of curiosity. As I grew into adulthood, I struggled to find the right outlet and channel for this passion and spent much of my twenties wandering and trying out different things. I had a very brief career as an attorney, spent some time as a strategy and leadership consultant for big multinational companies, failed in an attempt to start a hedge fund, and even ended up helping run a scrap metal recycling operation for a while.

At the age of 30 though, I took my stand. I made up my mind that no matter what I was going to be an entrepreneurial investor. As crazy as it sounds, I owe everything in my life to this one foundational decision—even my amazing wife and my beautiful kids. I don’t think I would ever have met Alicia had I not made this one choice. At that moment in time, the financial world had just been devastated by the crash in the housing market and the near systemic failure of the global banking system that followed. I’ve always had a contrarian bent to my investment thinking; so, to me the carnage in real estate looked like an opportunity.

It all started with one house in Compton California. The business plan was simple: buy a distressed foreclosed home from a bank, bring it back to life with a big renovation and sell it to a first-time homebuyer. Things progressed slowly as they tend to do with real estate. In the first years of this, I think I did 6-7 homes. But then after plugging away day-by-day, suddenly it seemed, things just came together. I found the right investors and the right loans and the right deals and in just a few short years I ended up investing in over 100 such transactions, building a portfolio of almost 2,500 multifamily units and creating a fully vertically integrated real estate company with almost 100 employees.

Fast forward to today and I’m running the second evolution of my entrepreneurial investing career and having so much fun that I have to stop and remind myself that this is all real.

http://www.nickhalaris.com
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Mike Green-Chief Strategist of Simplify Asset Management #17

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Simon Mikhailovich - Founder of the Bullion Reserve #15