Infinite Games – A Masterclass on Why and How to Invest in Gold with Simon Mikhailovich of The Bullion Reserve

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“The most important thing is that technology evolves, but people don't. That's the biggest lesson of history—humans don't change.” – Simon Mikhailovich
In this episode of Outliers, I’m talking with Simon Mikhailovich (@S_Mikhailovich) about why gold is important in the current economy, how it maintains purchasing power over time, and important lessons from financial history.
Simon Mikhailovich is a contrarian investor and entrepreneur who is also the co-founder and lead manager of The Bullion Reserve (TBR), a private vehicle that enables investors to hold physical gold across multiple jurisdictions outside the financial system. Before starting TBR, he co-founded Eidesis Capital, was a Portfolio Manager at Falcon Asset Management, and with his deep understanding of financial history, predicted and profited from the financial crises of 2000 and 2008. 
Show notes with links, quotes, and a transcript of the episode: https://www.danielscrivner.com/notes/simon-mikhailovich-outliers-show-notes 
Chapters in this interview:

00:00:07 – Simon’s thoughts on gold’s role in the current financial market

00:07:19 – Why gold is important at this moment in time

00:14:22 – Cycles of financial euphoria

00:19:06 – The three ways to get out of debt

00:25:05 – Why holding physical gold is different and better than savings in other forms

00:30:46 – Gold is the ultimate insurance for bad financial outcomes

00:36:48 – Gold vs. other precious metals, and how gold is nature’s Bitcoin

00:41:58 – Should people invest in gold ETFs?

00:44:37 – Gold has no impairment risk or counterparty risk, and making money vs. preserving wealth

00:48:01 – How personal experience vs. historical experience affects our investment decisions

00:57:35 – How Simon has maintained an outlier point of view over time

01:03:37 – Simon’s recommended books on financial history

 
Sign up here for Outliers Weekly, our Sunday newsletter that highlights the latest episode, expands on important business and investing concepts, and contains the best of what we read each week.
Follow Outliers on Twitter: https://twitter.com/heyoutliers.
If you loved this episode, please share a quick review on Apple Podcasts.
Learn more about your ad choices. Visit megaphone.fm/adchoices

🔥Popular Episode 🔥

“The most important thing is that technology evolves, but people don't. That's the biggest lesson of history—humans don't change.” – Simon Mikhailovich

In this episode of Outliers, I’m talking with Simon Mikhailovich (@S_Mikhailovich) about why gold is important in the current economy, how it maintains purchasing power over time, and important lessons from financial history.

Simon Mikhailovich is a contrarian investor and entrepreneur who is also the co-founder and lead manager of The Bullion Reserve (TBR), a private vehicle that enables investors to hold physical gold across multiple jurisdictions outside the financial system. Before starting TBR, he co-founded Eidesis Capital, was a Portfolio Manager at Falcon Asset Management, and with his deep understanding of financial history, predicted and profited from the financial crises of 2000 and 2008. 

Show notes with links, quotes, and a transcript of the episode: https://www.danielscrivner.com/notes/simon-mikhailovich-outliers-show-notes 

Chapters in this interview:

00:00:07 – Simon’s thoughts on gold’s role in the current financial market

00:07:19 – Why gold is important at this moment in time

00:14:22 – Cycles of financial euphoria

00:19:06 – The three ways to get out of debt

00:25:05 – Why holding physical gold is different and better than savings in other forms

00:30:46 – Gold is the ultimate insurance for bad financial outcomes

00:36:48 – Gold vs. other precious metals, and how gold is nature’s Bitcoin

00:41:58 – Should people invest in gold ETFs?

00:44:37 – Gold has no impairment risk or counterparty risk, and making money vs. preserving wealth

00:48:01 – How personal experience vs. historical experience affects our investment decisions

00:57:35 – How Simon has maintained an outlier point of view over time

01:03:37 – Simon’s recommended books on financial history

Sign up here for Outliers Weekly, our Sunday newsletter that highlights the latest episode, expands on important business and investing concepts, and contains the best of what we read each week.

Follow Outliers on Twitter: https://twitter.com/heyoutliers.

If you loved this episode, please share a quick review on Apple Podcasts.

Learn more about your ad choices. Visit megaphone.fm/adchoices