Community Spotlight: The World of Speckies and NFTs: Darcy’s Perspective

Bryce: [00:00:31] Welcome to get started investing in this podcast, we cover all the basics that you need to start your investing journey. Are you joining us for the very first time or is this the start of your investing journey? Well, before you dive into this episode with us, our feed is designed to go from the very beginning. So we strongly recommend that you scroll up and start at episode one. However, if you are feeling brave and just want to dive in, then of course, don't let us stop you here at Get Started Investing feed, we unpack all the jargon and the confusing bits. We hear your investing stories with the goal of making investing less intimidating, and we want to have a good time along the way. My name is Bryce and as always, I'm joined by my equity buddy Ren. How are you going?

Alec: [00:01:10] I'm very good. Bryce are you are trying a new camera set up today and I feel like all I can say is a lot of technology right in my eye line. But there's one other thing I can say in my eye line, and that is one of our oldest tenured employees here at Equity Mates. That's Darcy. 

Bryce: [00:01:27] Yes. Welcome, Darcy. 

Darcy: [00:01:29] Thanks, guys. Great to be here. 

Bryce: [00:01:31] Ren. We are always improving here at Equity Mates, so I'm 

Alec: [00:01:34] looking forward to watching us on YouTube. They can tell us if it's an improvement or not. 

Bryce: [00:01:38] Yeah. And our video editor also tell us if it's improving or not. So look to close out the year. It's our last Get Started Investing feed episode for the year before we get stuck into our summer series. We've got Darcy, who's a content manager here at Equity Mates, reached out well four or five months ago, came on and did an internship and now part of the team. 

Darcy: [00:02:01] Here we are in studio. 

Bryce: [00:02:04] Yeah, so we're going to have a chat with Darcy about his investing journey. We will start with the true or false game that we always do when we get members from the get started investing community into the studio and then have a chat around 2022. Darcy is our crypto and NFT expert, so we're going to chat all things DAO's and crypto and then, yeah, we're just having a bit of fun. Let's start with our true or false shall we.

Alec: [00:02:31] Let's do it. So Darcy we'll start at the very beginning of your investing journey. True or false? Your very first investment has been your most successful. 

Darcy: [00:02:41] This is actually true. Probably will be my most successful ever. I thought, How easy is this investing thing? The story was a friend basically gave me a mining speckie tip, which is where my affection comes from mining stocks. We can touch on that later. But my first investment was my most successful. 

Alec: [00:03:01] What was the space?

Darcy: [00:03:02] It was a company called Spectrum Metals Gold Mining. I bought it at around two cents and it jumped to twelve and a half. Within a few weeks 

Alec: [00:03:13] insane 

Darcy: [00:03:13] insane. But yeah, looking back, it probably wasn't the greatest thing to start with because I was like, Is this what happens every time? But have learn a bit since then I like to think. [00:03:19][6.2]

Alec: [00:03:21] I was going to ask this What's it done there? [00:03:23][1.6]

Darcy: [00:03:23] So it's now no longer listed. I think it was taken over. I sold out at about 11 cents or so. No longer listed. It was either taken over or deregistered, one of the two. [00:03:35][11.6]

Bryce: [00:03:36] So Darcy, you true or false, you had a strategy in place before you got started. [00:03:41][5.2]

Darcy: [00:03:42] So this is false. Following on from the previous story, I kind of blindly follow the stock tip and I didn't really know what I was getting into. Growing up didn't speak about investing much with my parents, which is no slight on them, but just wasn't something we really spoke about at home. So I didn't have much of a strategy in place at all when I started. [00:04:00][18.0]

Alec: [00:04:00] True or false, and I think I know the answer to this, given your very first investment, but true or false investing is as hard as you thought it would be? [00:04:09][8.6]

Darcy: [00:04:10] False again, I think in some ways it can almost be too easy, like it's just at your fingertips these days, not in terms of returns, which is the easy [00:04:18][8.1]

Alec: [00:04:19] that's going to be the episode title. Investing is too easy. [00:04:21][2.6]

Darcy: [00:04:23] No, no, no. Yeah. In terms of the ease of doing it, it's at your fingertips and you can check in and get news so quickly. So it wasn't as hard as I as I thought. [00:04:33][10.3]

Bryce: [00:04:33] And then to close out. True or false, investing is like gambling [00:04:36][3.0]

Darcy: [00:04:38] off to a bad start, but false. You can make it like gambling if you want, but if you invest the right way, I wouldn't compare it to gambling. [00:04:47][9.0]

Alec: [00:04:48] Nice. So Darcy will start this conversation by talking about your investing journey. Have a chat about what you're planning to do in 2022 as an investor, what you want to learn about what you want to. I guess what rabbit holes you want to go down. And then we will finish with a conversation about one of the biggest rabbit holes that you've gone down this year and you've really led the Equity Mates team. And that is DAOs, NFTs, Web3. You were the only Equity Mates team member that owned an NFT. Someone's joined the team that also owns an NFT, but we'll talk all about that right at the end because otherwise we're just going to do a forty five minute episode on crypto. [00:05:28][40.3]

Darcy: [00:05:29] I think that's a good call. [00:05:29][0.8]

Alec: [00:05:31] So let's start at the very beginning. You told us the story of your first investment, a stock tip from a mate in a mining speckie stock. What could be more Australian than that? But tell us the story around that. Why did you decide that you wanted to get started investing and how did you actually go about it? [00:05:47][16.3]

Darcy: [00:05:47] I was about 21, and this was one of my best friends from from uni down in Melbourne. Shout out to you, Will McFarlane. So he sort of had just started dabbling in investing, and he's a geologist himself. So he was sort of reading a lot of a lot of mining reports and working in a gold mine in Bendigo in Victoria. So he he sort of came across this, this company like some of their results and said, you know, you should, you should have a look at this. But yeah, not to throw him under the bus. He did. He did give me some good and good advice, too. He got me on to the Equity Mates podcast, and that's when I started listening. Sort of. Yeah, four years ago or so. And the story behind it was I was a little bit reluctant to to follow him in, but I sort of put together five hundred dollars and put it in, and I was pretty hooked after that, to be honest. Yeah, it was obviously not the ideal way to start, but it turned out well and and it just [00:06:42][54.7]

Alec: [00:06:43] it made six times your money in a few weeks like that is the ideal way to start throwing you under the bus. I think [00:06:49][6.4]

Darcy: [00:06:49] so. I bought them on Wednesday. They were at two point five cents and by Monday, the next week they were about eight cents. I couldn't believe it. [00:06:56][6.9]

Alec: [00:06:56] if anything, anyone who knows this guy will now be blowing up his phone. Excellent. [00:07:02][5.9]

Darcy: [00:07:04] We still chat all the time about mining speckies. [00:07:05][0.8]

Alec: [00:07:06] Thank you. Listen, you'll be able to tell us. [00:07:08][1.4]

Bryce: [00:07:10] So Darcy, thinking back to when you started and and through to now, what are some of the most important resources that you use that you find really helpful to get information outside of? Well, out of it? [00:07:21][11.3]

Darcy: [00:07:22] So for me, I really love reading and and especially keeping up to date with sort of the news and what's going on in the world. So for me, one of the best resources there is Twitter always scrolling Twitter feed is full of support and investing and investing resources, but I find it a really interesting feed just to keep up to date with what's going on. Yeah, other than that books I read, if you read books, listen to podcasts and every now and then a few YouTube videos. But I think just, yeah, things like the AFR keeping up to date with what's what's happening in the investing world and chatting with you guys in the office. [00:07:58][36.2]

Alec: [00:07:59] Mm hmm. So one of the most common questions we get is what broker should I sign up with? You don't have to tell us which party you use if you don't want to. But how did you make that decision? Like, how did you decide where you were? Where are you going to Typekit? [00:08:13][13.6]

Darcy: [00:08:13] Yeah. So when I started, it was sort of convenient for me. So I'm with CommBank and thought the easy option was CommSec, so I signed up with them, not really realising that $30 a trade was ridiculous and I still have some. I still hold some shares on CommSec, but I'm now in the process of switching them across. I use steak for international shares. I also use space ship for more like a core portfolio. And then other platforms I use are Swift X for crypto purchases open, safe and Afterpay. And then I do dabble in a few staking platforms for my for my crypto, which we can probably tops on later. [00:08:56][42.7]

Alec: [00:08:56] Yeah, yeah. [00:08:57][0.9]

Bryce: [00:08:59] I think showing that CommBank $30 is ridiculous. It is ridiculous now. But back when we started investing, there wasn't really much alternative, to be honest. There was certainly no service here. I wasn't around stock wasn't around space, it wasn't around. Race wasn't around. [00:09:13][14.0]

Alec: [00:09:14] I really dating. [00:09:15][1.0]

Bryce: [00:09:15] Yes, that was only like six years ago. [00:09:18][2.6]

Alec: [00:09:18] Yeah, there was some. It was like like Samsonite and stuff, but not [00:09:22][3.4]

Bryce: [00:09:22] really nothing that's as cheap as we're seeing now. Yeah. So, you know, you've mentioned some platforms there. You mentioned the core, the space ship. So building a bit of a core portfolio, no doubt you're dabbling in a bit of a satellite approach as well. How did you figure out what investing style works for you and how would you describe yourself as an investor? [00:09:39][17.3]

Darcy: [00:09:40] I'm pretty aware that I've probably been quite lucky with my investing so far and outside of the Covid crash a couple of years ago, the climate has been really friendly to investors, so I do have a higher risk tolerance being being young, and I've kind of tried to take advantage of these last few years of a really friendly investment climate, but I'm kind of in the process now of switching to less satellite and more of a corporate portfolio approach. Yeah, just just sort of de-risking my portfolio. And as I've kind of built built a little bit more wealth, I guess I'm trying to put that into less risky assets and and sort of hold it there for the long term. I'm still at a stage where I check my portfolio every day. So but yeah, I learnt I definitely learnt things throughout that Covid crash. That was the. First market downturn I'd experienced, and I did panic on a few things. A few stocks that I had in the green, I was like, I'm going to take profits now and sold them. Sure, they went down a bit, but a few of those were Afterpay, which I sold around $15 BetMakers at 15 cents, which was around a dollar recently and another listed lithium company. So I don't think I've really sold a stock since then. I'm just really, really trying to to restrain myself. [00:10:59][78.4]

Alec: [00:10:59] Yeah, yeah, yeah, yeah. What I'm hearing is you've picked some good stocks. [00:11:02][2.9]

Darcy: [00:11:03] I have I've had a few, a few good stock, very few good stock tips for yeah, I I've found a few few good winners and obviously holding for long long term now [00:11:16][12.7]

Alec: [00:11:16] it sounds like you're, you know, moving into the core, more into the core, I guess thinking a little bit more long term, maybe being a little bit more sensible or de-risking might be correct. It's a phrase, I guess. What's the motivation behind that? Do you have like a goal that you're working towards? How do you think about sort of setting your portfolio up for the next, however many years, [00:11:39][23.5]

Darcy: [00:11:40] as I'm sure the same the same goal with a lot of people is is financial freedom. But on a deeper level, I really enjoy investing. So it's it's something that I'm passionate about and fun, really fun. Just sort of keeping up to date with with some of the best companies around the world and business leaders and kind of just, yeah, just saying who is at the edge of innovation. It's a really, really good way to, I guess, open your eyes up to the world. Yeah, there's a few more specific goals I have. I'd love to get into the property market at this stage. It won't be for personal property in Sydney. It may be something like an investment property a few years down the track. It's something I'd think about. Another style that I've recently begun is with a group of friends. We've set up an investment trust. Okay, which which has been really fun. There's seven of us from sort of all different parts of of Australia, and we kind of all met in Melbourne, but we each put in about a thousand dollars or so each quarter. We have a meeting with his stock picked stock picks H. So we come to the meeting and pitch our stock, and it's a really good way for us to look into companies, helps our presenting skills and then we kind of decide on what not our favourite might be and we buy it. So it's called Canary Wharf Capital, but that's that's a lot of fun. [00:12:58][77.6]

Alec: [00:12:58] Yeah, nice. Have they taken any of your stock pictures yet? [00:13:02][3.9]

Darcy: [00:13:02] We bought satire, which is one that I've liked for a little while. Yeah. And other than that, that was a that was all that. How's it performing? We're going well. We've had some, some good winners and a couple that are down. We bought a stock called 40X, which is like a which hasn't performed too well. But other than that, I think we've got city chic in their I have a few retail things. Yeah, but yeah, the next the next couple of years are very interesting and say where we can take that. [00:13:34][32.3]

Alec: [00:13:35] How do you make the decision about when to sell? [00:13:36][1.3]

Darcy: [00:13:37] We haven't sold a stock yet, but I'm sure that'll come. As we have meetings, we kind of discuss how we want to balance and, yeah, rejig the portfolio. [00:13:46][8.9]

Bryce: [00:13:47] I love that. Yeah, there's so many of these around. You know, I hear about one of these, you know, at least one once a month, some group getting together and young group as well, which is really good. So Darcy, before we take a look at 2022 and NFTs and all that jazz, we're just going to take a quick break to hear from our sponsors. You've got the investment trust with your mates. You're rejigging your portfolio a bit towards a more core approach. What other things are you going to focus on in 2022? [00:14:18][31.3]

Darcy: [00:14:19] Yes, sir. As as mentioned, looking to sort of rebalance my portfolio but also maintain my dollar cost averaging. So every week I put an amount of money into space ship and also Swift X crypto. So I do dollar cost averaging and I'm going to keep doing that. Potentially bump up that a little bit as I, you know, make a little bit more money. And then, yeah, other than that, I guess just that's really it [00:14:45][25.9]

Bryce: [00:14:48] doesn't have to be anything. Yeah, yeah. [00:14:50][1.8]

Darcy: [00:14:51] Yeah, just keep building the wealth. [00:14:52][1.2]

Alec: [00:14:52] Yeah, that's nice. So with your is part of you shifting to debt, like de-risking your personal portfolio because you're going to take more risks in this unit trust. [00:15:03][10.2]

Darcy: [00:15:04] There's a few reasons that I'm looking to de-risk. One of which is I don't think that the current sort of rate of the share market is going to continue. You know, I'm realising there are some great ETFs, some great indexes to follow out there that probably are going to give better returns than I can pick in these next couple of years. If I find great companies and if we we interview great people on the podcast, I'm sure they'll be companies. We come across that that I'll have a little dabble in that. [00:15:31][26.5]

Alec: [00:15:31] Yeah, you should pitch. What was the one that Yen got really excited about trying to [00:15:35][4.2]

Darcy: [00:15:35] attract similar scientific? Yeah, yeah. I've got those on the watch list. [00:15:41][5.3]

Alec: [00:15:42] And the reason I ask about de-risking the unit trust is there's about seven minutes. How do you decide like your investment philosophy? And your risk is because it's one thing to do it personally to be like this what I believe. But I guess having to actually sit down and have that conversation with a group of people and agree on an investing philosophy is probably a lot. It requires more than just thinking in your head. I know what I'm doing. [00:16:06][24.1]

Darcy: [00:16:07] You're absolutely right. And that's it. That's a good question. We've got a pretty diverse mix of people in the group, so we've got someone studying medicine, we've got someone working in finance, we've got a lawyer, we've got two farmers and then we've got a geologist and myself content manager. So it is a tough balance at times and we get a whole range of stocks. Hey, we'll get, you know, biotech, we'll get some agricultural stocks, obviously get some mining sectors, but it really is a balance. And it's just about kind of figuring out the other, the other people and being open to to sort of looking at new industries, looking at new companies. And generally our decisions come down to who makes the best pitch and who can kind of convince convince the others that this is going to be a good investment. So we take a vote and then kind of we go with it as we go on, we'll probably be a little bit more stringent and maybe have to have more of a policy. But at the moment, it's a bit kind of like, Yeah, that sounds good. [00:17:06][59.3]

Bryce: [00:17:07] Yeah, you figure it out, I think, yeah, as you develop, put more money in and figure out what works and that sort of stuff, you might develop a bit more of a strategy. [00:17:14][7.6]

Darcy: [00:17:15] Yeah, for sure. One annoying thing we paid our first tax bill last month and our tax bill was like a quarter of the size of our portfolio, even though we haven't sold any stock because I couldn't quite work it out. [00:17:27][12.2]

Bryce: [00:17:27] But investing is all about the learning journey. That's what we're all about here at Equity Mates getting better as the year goes on. So what do you what are some of the things that you want to get better at next year and focus in on? [00:17:38][10.8]

Darcy: [00:17:38] There's so much I don't know, and I'm really aware of that, but I love love learning and sort of consuming more information. I think one of the key things that I'm looking to learn more about is international international markets. So as we speak about on the show, Australia's two percent of the global stock market, so don't limit yourself to two per cent of the opportunity. So definitely looking looking at the states, which I have a little bit of exposure there, but definitely emerging markets and kind of Europe kind of just having a more world wide view. There are some amazing companies overseas and in Australia, but I think it's good to to look across the world. So yeah, that is a key thing that I'm looking to to do over the next year. [00:18:20][41.3]

Alec: [00:18:20] You can open up Equity Mates Europe. Great. [00:18:23][2.5]

Bryce: [00:18:25] Darcy, you are the you're a content manager, but also informally ahead of Neft here at Equity Mates. You own more NAFTA than anyone that I'm aware of at Equity Mates. [00:18:38][12.2]

Alec: [00:18:38] I think April 1st. A. Always. [00:18:39][1.5]

Bryce: [00:18:42] You recently bought into an NFT non-fungible token. Apologies for the jargon. If you've just joined us for the first time and have no idea what we're talking about. We are about to dive into the world of cryptocurrencies and Web3. We have done, I think, a couple of episodes previously on Crypto during Crypto Week. So if you'd like a refresher on what we're going to be talking about now, go back and listen to that. However, let's get stuck in. You've bought an NFT. What's the story? [00:19:10][27.1]

Darcy: [00:19:10] Yeah, I have, so I'm really curious about crypto, and I'd like to sort of get a little bit of skin in the game because I feel like that's a really good way to learn. So OpenSea, which is a platform in which you can buy NFTs is on, is somewhere I kind of look through look through different artworks and collections. And I'd sort of heard of this collection called Saudia, which is by an artist called Chris Pigalle from Portland in the United States. And he is sort of a painter and writer who did a series of collections from 2008 until 2020. So they're all on sort of canvas or painted, but he's turned them into NFTs, and he's going to release 1000 pieces over a period of time. But each Monday, he releases about 10 of them. So they're kind of hard to get your hands on on Monday because the demand is quite high for them. But I woke up really early on one Monday morning, which is Sunday in the states, and I bought my first NFT, which was called fierce competition. It's like a tiger coming out of the sky, but I'm really I'm actually really into the art and it is an investment. But I'm also happy holding the art for for a little while. And it's my phone background currently. Yes, I just find there's this really cool and the way I sort of bought it was. I sent Chris a message on Twitter and I said, I'm really into art, would love to, would love to buy one of your pieces. And he responded, saying, Thanks so much. You know, put in an offer and I'll accept it. I like having individual owners rather than people that buy a lot of the collection. So he sort of sort of helps me out there and I'm now an NFT owner. [00:20:52][102.2]

Bryce: [00:20:53] Nice. And so has it gone up in price? [00:20:55][2.5]

Darcy: [00:20:56] So the floor price is higher than I bought it full of floor prices, the sort of minimum price that they're selling for at the moment. But I'm sort of going to wait until all 1000 of the pieces are released is about 650 of the way through now. But I'm hoping as they've finished release, as they've all been released, they'll kind of become a little bit more valuable and sought after. And then I'll look to offload. [00:21:19][23.3]

Bryce: [00:21:20] And so just for like back to basics when you buy an NFT, are you literally just sent a link here? [00:21:28][7.8]

Darcy: [00:21:29] Great question. [00:21:29][0.3]

Alec: [00:21:31] Hey, this is it. [00:21:32][1.1]

Darcy: [00:21:32] So I have an account on OpenSea and you can see your collection of pieces. So I've got two pieces in my account. Honestly, anyone could go on to my account and take a screenshot of my NFT. [00:21:44][12.3]

Alec: [00:21:47] So. [00:21:47][0.0]

Darcy: [00:21:48] But yeah, I do get a piece of ownership, so I got an email saying, you know, you're the owner. Obviously, I decide if I want to sell it, I can put a bid price up there. So I could say, I want to sell this for a certain amount of Aether or Ethereum, and someone could buy it at that price. Or I could put I could allow people to bid on it and then I can accept an offer. But at the moment, it's not for sale. Nice. [00:22:12][23.3]

Bryce: [00:22:13] Fascinating space. [00:22:13][0.5]

Alec: [00:22:14] Do you consider it an investment? [00:22:15][1.0]

Darcy: [00:22:16] I do. Okay. Yes. What's next? What's next? Well, that sort of, you know, that was a nice little dabble. We can speak about Web3 and DAOs, which I honestly have no idea [00:22:27][11.3]

Bryce: [00:22:28] about, [00:22:28][0.0]

Darcy: [00:22:29] but we've had a bit of fun in the office over the last few weeks. We had a I had a meeting with with someone recently who suggested this DAO, which is a decentralised autonomous organisation, essentially a group of people on the internet with like a common purpose. And and we came across one called Klima, which is trying to to drive up the price of carbon assets. And, you know, hopefully, I guess speed up the speed up our realisation that we need it, we need to act on climate change. We got into a DAO recently and it hasn't gone too well, but [00:23:06][36.4]

Alec: [00:23:07] it hasn't gone well. [00:23:08][1.3]

Darcy: [00:23:09] No, I think where the climate is [00:23:11][2.2]

Bryce: [00:23:12] tanking, [00:23:12][0.0]

Darcy: [00:23:13] it's taking. Yeah, but it's all part of it. It's all part of it. [00:23:17][3.6]

Alec: [00:23:17] We're doing our bit to fight climate change. So that's [00:23:19][2.2]

Darcy: [00:23:19] exactly right. ESG investing. [00:23:21][1.3]

Bryce: [00:23:21] Yeah, yeah. Yeah. So for someone looking to get into this, you've mentioned the odyssey. They're over in Portland, USA, of all of the NFTs on OpenSea is like, how? How did you research this? What led you to this particular piece of art? [00:23:36][14.4]

Darcy: [00:23:36] Yeah. So I kind of troll through the Explore page on OpenSea and and I look at basically just look through all the art. And if I say things are like, I might click on them, say who the artist is. You can kind of google their name or go on their profile and see what sort of stuff that they that they make. The other one again, I mentioned Twitter. You can kind of see what's trending on Twitter, looking up hashtags, NFTs, things like that. And there's there's quite a few valuable people on on the app. Yeah, which is sort of, I guess. I get a lot of information from so trawling through Twitter, searching up artists and then and then, I guess, getting a bit of skin in the game, I kind of just wanted to buy that first NFT. And then from there, you kind of you're sort of forced to learn a bit more [00:24:20][44.3]

Bryce: [00:24:21] about it, just like the stock market. Once you're in, you're in and then it all kind of starts growing for sure. [00:24:27][6.0]

Darcy: [00:24:27] Some skin in the game [00:24:28][0.7]

Alec: [00:24:29] opensea is going to IPO next year. [00:24:31][2.1]

Darcy: [00:24:31] I heard this. [00:24:32][0.5]

Alec: [00:24:32] Yeah, is that on your watch list? [00:24:33][1.1]

Darcy: [00:24:34] I will be putting it on the watch list. I think it's a pretty cool platform. Yeah. Don't want to get too complex, but there's quite high fees on there, which I don't like. But yeah, maybe there'll be another alternative. I would say so. [00:24:46][12.5]

Bryce: [00:24:47] Well, Darcy, before we close the final episode of the year before a series of, of course, I guess we can throw it over to you. We've been pumping you with questions. Do you have anything for us given that, you know, we're all in this together? [00:25:02][15.4]

Darcy: [00:25:03] I do. So I've been a listener for years and I've been waiting for this moment. It again, the CEO. [00:25:09][5.9]

Alec: [00:25:11] Cat on a leash? [00:25:12][0.5]

Darcy: [00:25:13] No, I'm kidding. So these aren't exactly investing related, but I wanted to ask you as a few things, the first of which, if you could interview anyone in the world at the moment who would have a [00:25:23][10.3]

Bryce: [00:25:24] chase, anyone in the world? [00:25:26][2.2]

Alec: [00:25:26] I mean, the obvious answer is buffet. But after Charlie mongers display at the Hearts and Minds Conference last, like, I don't know how good an interview. That would be great. I mean, I'd love to get Obama on done all to talk about, but I just loved chat. [00:25:38][12.1]

Bryce: [00:25:41] I'd love to interview like one of the Big Tech guys like Zuckerberg. Interview would be pretty interesting. True. Or. Or Larry Ross Guy or one of the big like the guys who run Sequoia or, yeah, just yeah, they'd be pretty fascinating. Cuban would be good. Cuban? [00:26:00][18.9]

Alec: [00:26:01] Yeah. Honestly, Trump would be good content. [00:26:03][2.0]

Darcy: [00:26:06] That's my role now to make that happen. [00:26:07][1.2]

Alec: [00:26:08] But in Australia, John Hampton said no to us a few times. We'd love to get him on. [00:26:12][4.1]

Bryce: [00:26:12] He has. Yeah, the thing is the often find, though, it's the guys that you don't have the big reputation that are often the best interviewers. Yeah. Like, yeah, yeah. Yeah. Or maybe reputation in our circles, like we often think of our, you know, big fish that everyone's spoken to and they've done 10000 interviews before. But it's the guys who haven't done so many interviews, but really passionate and good at their craft that you get a really good interviewer. Yeah, for sure. It's finding those people. That's tricky. [00:26:40][27.5]

Darcy: [00:26:41] And another one for you. Who would you say is at the pinnacle of the podcast world and why? [00:26:45][4.3]

Alec: [00:26:47] Bryce, thank you, [00:26:48][1.0]

Bryce: [00:26:49] pentacle, if the podcast world will ape for me, that stretches across like many different genres, but if I think about the genre that we're in at the moment. Patrick O'Shaughnessy he started out with a podcast called Invest Like the Best. Firstly, he runs a fund off the back of his dad, and so he's been running a podcast called Invest Like the Best and is now has copied the Equity Mates business model and Bryce and gone into creating a financial podcast network and has business breakdowns, which is another amazing podcasting and that has now gone into Web3 breakdowns. He's also got a couple of others around like entrepreneurship and that sort of stuff, and his numbers are amazing. He's a really good interviewer, and his flow of guests is incredible. Yeah, very well connected. So he's doing, I think, a really good job of making a lot of things accessible for us. He's at the top of his podcast game. [00:27:44][54.8]

Alec: [00:27:45] Yeah, I would say my Amir Frydman and Mamma Mia is probably like the best podcast independent podcast production house in Australia and the shameless girls are pretty good at what they do. Yeah, yeah, cool. [00:27:58][13.6]

Darcy: [00:27:59] To either of you have sort of a business leader or CEO that you really admire and you try to kind of emulate in in building Equity Mates media, [00:28:08][8.6]

Alec: [00:28:08] not us actually has this mantra that every CEO before him. So he says that to him every day [00:28:15][6.8]

Bryce: [00:28:17] or Ren can't answer this because he's not a CEO. So so I don't have one that I'm trying to emulate yet because I think I think your leadership style changes and, you know, the role of like a CEO kind of changes and whatnot as our business is going to grow. There's only five people in the team now, and it's still very, very, very much everyone is making decisions together. And yeah, so I think that'll change as we hopefully grow the team to 50 or 100 people or whatever. But the best player I've worked with or had exposure to anyway is an Ren is to have a this because I say it all the time. But is Brad Banducci at Woolworths? Yeah, he's he's in the way that he would set just such a clear strategy and could say see, like where he wanted to take the business over a long period of time and just didn't worry so much about the here and now and getting caught up in the moment. I think that's really important to just remain focussed on grinding it out over a long period of time. But having that strategy in place, he was an amazing thinker. [00:29:23][66.0]

Alec: [00:29:23] Well, if I can say I say, I'm going to say Paul Allen and Steve Wozniak because they did all the work nice. [00:29:32][8.6]

Bryce: [00:29:34] Well, Darcy, it has been an absolute pleasure. Thank you for coming on sharing your investing journey with the Get Started Investing feed community. We love hearing how everyone is sort of tackling the markets and sort of figuring out what's what's ahead. No doubt that NFTs and industry and crypto is going to be a conversation that continues in the office and will hopefully be able to share that with our community as we go next year as well, because no doubt a lot of people want to hear about that stuff. But you know, it's great to have you part of the team and we're looking forward to 2022. 

Darcy: [00:30:08] Thanks, guys. Really enjoyed that. Thanks for having me 

Bryce: [00:30:10] And a massive shout out to all of you guys, our community members out there for the Get Started Investing feed community, for the support for all, for this year. It's been an awesome year here at Equity Mates and we feel like we've been lucky enough to share a lot of stories from members of the community throughout the year. And those stories only continue throughout the summer series. So stick around because over the next six weeks, we're going to be asking some of the big questions that all beginner investors want to know things around best resources mistakes you've made things you wish you knew before you started. So we've got about 20 community members sharing their titbits or thereabouts, so stay tuned. But Ren, it's been awesome. Yeah, it's been fun has. And we're going to be back next year. Bigger and better. 

Alec: [00:30:57] We are after a well-deserved break for some of us and just a break for you. 

Bryce: [00:31:04] Enjoy the summer series and we'll be back for the first episode first week.