Patrick Bet-David Podcast Episode 71. In this short clip Patrick Bet-David, Adam Sosnick and Barry Habib talk about how Peter Thiel managed to amas $5Billion in his ROTH-IRA.
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The Bet-David Podcast discusses current events, trending topics, and politics as they relate to life and business. Stay tuned for new episodes and guest appearances.
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Patrick Bet-David is the founder and CEO of a financial services firm and the creator of Valuetainment, the #1 YouTube channel for entrepreneurship with more than 3 million subscribers. He is the author of the #1 Wall Street Journal bestseller Your Next Five Moves (Simon & Schuster) and a keynote speaker.
Bet-David is passionate about shaping the next generation of leaders by teaching the fundamentals of entrepreneurship and personal development while inspiring people to break free from limiting beliefs to achieve their dreams.
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It is so funny listening to idiots talk about geniuses
Thiel on this show would be great
I had a chat with a fiduciary whom I came across today. she’s a pro and we got talking about investment and money. I was in shock when she told me that investing $2000 monthly in ETF and STOCKS with an average of 12% compounding annually in 20 years will give me $1 million. It gets even more interesting. The total contributed is $480,000 whereas interest earned is around $4,224,000. Crazy right! I immediately got investing as I don’t want to miss out on the opportunity.
Peter Thiel is a G.
They're pronouncing his name wrong.
He didnt break any laws, he played by the rules and won.Everyone has the same opportunity.He should be admired and emulated.
Nerf incoming.
Yessssss. I’m so fired up listening to this. I have a Roth IRA and read Tony Robbins Unshakable as a start among other books i keep reading. My returns went way up and I’m on track to do even better this year. There’s always a way. Oh yeah, I was also a free lunch, food stamp, wearing 2nd hand clothes kid growing up with a single mom. If I can find the books, watch these podcasts etc, anyone can. The best advice I can give is don’t cast you pearls before swine. Meaning don’t share your dreams with naysayers and negative people. You can do it!
The poor will always be with us. Who exactly was harmed by Thiel making his money? Why don’t we, society, instead of whining about someone else’s wealth we educate people on how wealth is created and teach them skills that create wealth.
it was loophole? it was fault? come on. grow up.
Why are so many mad about this? Congrats to you Peter! Way to go and way to crush it.
Haven’t listened to the podcast in while because of Adam. Now watching a clip and still Adam talking about things he doesn’t have any knowledge in. To top he is not licensed also. He should not tell anyone anything, he’s breaking the law.
Adam perfectly embodies the modern day liberal. Strong opinions about topics they know nothing about.
I swear if the government had a 100% tax on all citizens they would still need more.
People need to look into what else peter thiel has invested…..Ripple….
Starting out with $2,000 on taxed money and making 108% per year in 20 years makes $5 billion
Awesome!
He is an amazing investor and this Roth IRA is good the best
I don’t understand the story. His just performed really well
I like Peter Thiel. He's not an arrogant leftist elitist psycho. Unlike most in Silicon Valley.
Good for him.
hes never heard of a backdoor ira?
5 million is in it not 5 billion.
I have a Roth IRA there was no way for me to make trades within my Roth that would allow me to turn $6000 a year to $5 billion. Why was he able to do this?