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94. Why We Argue About Money | Finance advice and the value of a scarcity mindset
Episode 942nd January 2023 • Stimulus | Helping Doctors overcome burnout, excel in leadership, and unlock their most fulfilling careers • Rob Orman, MD
00:00:00 00:42:22

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Financial expert, raconteur, and finance CEO Vitaliy Katsenelson gives his approach to the scarcity mindset, personal finance advice that changed his life, key strategies for making a budget, why people argue about money, geofencing as a diet tool, and a Stoic take on social media. 

Guest Bio: Vitaliy Katsenelson was born in Murmansk, USSR, and immigrated to the United States with his family in 1991. After joining Denver-based value investment firm IMA in 1997, Vitaliy became Chief Investment Officer in 2007, and CEO in 2012. Vitaliy has written two books on investing and is an award-winning writer. Known for his uncommon common sense, Forbes Magazine called him “The New Benjamin Graham.”

He’s written for publications including Financial Times, Barron’s, Institutional Investor and Foreign Policy. His articles are also published on his website, ContrarianEdge, and in audio format on his Intellectual Investor Podcast. Vitaliy lives in Denver with his wife and three kids, where he loves to read, listen to classical music, play chess, and write about life, investing, and music. Soul in the Game is his third book, and first noninvesting book.

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We Discuss

  • The value of a scarcity mindset;
  • Personal finance advice that changed a financial expert’s life;
  • Loose vs strict budgeting;
  • Finishing books vs stopping early;
  • Why people argue about money;
  • Geofencing as a diet strategy;
  • Habit vs. identity vs. willpower;
  • How a Stoic philosopher might view social media.

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