Investing is difficult, and there is no manual on how to properly get rich from it. However, By modeling our actions from the biggest names in investing, we can apply principles that will not only preserve wealth, but grow it.

First though, let’s examine what is new on Money Armada!

Goat Grazing: An Interview with Goats On The Go Founder Aaron Steele

Tyler sat down with founder of Goats On The Go Aaron Steele to discuss the goat grazing business. Goat grazing is quickly becoming one of the most profitable and sustainable weed clearing businesses. Learn more about what it takes to raise goats, how much you can earn from renting them, and how to break into the business yourself!

Click here for a link to the interview.

The GOATs of Investing

Speaking of goats- today we are going to cover some of the great investors of all time. However, we aren’t simply going to list the investors themselves, but talk about HOW they invest. While its not recommended to completely copy their portfolios/ strategies to a T, you can apply these principles to your own investing styles.

Warren Buffet

We would be doing investing a disservice to not mention the classic investor, Warren Buffet, widely considered one of the most successful investors of all time. He is the chairman and CEO of Berkshire Hathaway, a holding company with a diverse range of investments in companies such as Coca-Cola, American Express, and Apple. Buffet's investment style is often referred to as value investing, and he has a strong focus on the fundamentals of the companies he invests in.

One of the key principles of Buffet's investing style is the concept of "margin of safety." This means that he only invests in companies when the stock price is significantly lower than what he believes the company is worth. He is always looking for undervalued stocks, and he believes that this strategy reduces risk and increases the chances of a profitable investment.

Buffet also has a long-term approach to investing. He has famously said that his favorite holding period is "forever," and he has held onto many of his investments for decades. This allows him to benefit from the compounding effects of investing over time, and it also means that he can avoid short-term market fluctuations.

Another key aspect of Buffet's investing style is his focus on quality companies with strong fundamentals. He looks for companies with competitive advantages, such as strong brands or unique products, and he prefers companies with a long history of profitability. Buffet also pays close attention to the management teams of the companies he invests in, and he looks for leaders who are honest, competent, and have a long-term perspective. He is patient, disciplined, and always looking for opportunities to invest in undervalued stocks.

Ray Dalio

Ray Dalio is the founder of Bridgewater Associates, one of the world's largest hedge funds. He is known for his unique investing style, which he calls principles-based investing. This approach is based on a set of principles that Dalio has developed over his long career, and it is designed to help investors navigate the complex and unpredictable world of the financial markets.

One of the key principles of Dalio's investing style is the concept of "radical transparency." This means that he encourages open and honest communication among his team members, and he believes that this leads to better decision-making and a more efficient use of resources. He also believes in the importance of diversification, and he encourages investors to spread their money across different asset classes and geographies in order to reduce risk.

Another important principle of Dalio's investing style is his focus on understanding the big picture. He believes that in order to be successful in the financial markets, investors need to have a deep understanding of the global economy, geopolitical trends, and other macro factors that can impact investment returns. This includes recognizing the importance of studying history and using past events as a guide for future decision-making.

What makes him different from others, though, is that Dalio is known for his willingness to embrace unconventional ideas and strategies. He is not afraid to challenge conventional wisdom, and he encourages his team to think outside the box when it comes to investment strategies. This approach has led to some successful investments for Bridgewater, such as their bet against the US housing market prior to the financial crisis.

Dalio's investing style is based on a set of principles that emphasize transparency, diversification, understanding the big picture, and a willingness to embrace unconventional ideas.

Peter Thiel

Peter Thiel is a billionaire investor and entrepreneur who co-founded PayPal and was an early investor in companies like Facebook and Airbnb. He is also the founder of Thiel Capital, a venture capital firm that invests in startups with disruptive technology.

Thiel's investing style is based on his belief in the power of technology to change the world. He is known for his contrarian approach, which involves identifying areas where he believes there is a gap in the market, and then investing heavily in companies that have the potential to disrupt established industries.

One of the key principles of Thiel's investing style is his focus on building monopoly businesses. He believes that in order to achieve long-term success, companies need to have a unique product or service that sets them apart from their competitors. This can be achieved by developing proprietary technology, building a strong brand, or creating a network effect that makes it difficult for others to compete.

Thiel is also a big believer in the concept of "Zero to One," which is outlined in his great book of the same name. This concept is based on the idea that true innovation involves creating something new, rather than simply improving on what already exists. Thiel believes that companies that are able to create new products or services that disrupt established industries have the greatest potential for long-term success.

Another key aspect of Thiel's investing style is his willingness to take big risks. He is known for his early investments in companies like Facebook and SpaceX, which were seen as highly risky at the time. Thiel believes that in order to achieve outsized returns, investors need to be willing to take on more risk than the average investor.

Overall, Thiel is a visionary investor who is always looking for the next big thing, and he has a track record of success in identifying disruptive technologies and investing in companies with significant growth potential.