Let's talk about something most investors never stop to question.

Not which stocks to pick. Not which sector is hot right now. But the way they actually think about investing... and whether that way of thinking is working against them.

Welcome to a new episode of Sweat Your Assets. I'm Alessandro, and today I want to take you back to a conversation that happened in 2013... but honestly could have been recorded yesterday.

It's a sit-down between two people who have shaped modern finance more than almost anyone else. On one side... Howard Marks. Co-founder and co-chairman of Oaktree Capital Management... a firm built on a very specific corner of the market. High-yield bonds. Private credit. Distressed debt. In other words... the companies most investors won't touch. The ones that look broken on the surface. And yet... that's exactly where Oaktree has quietly built one of the best long-term track records in the industry. Marks is also the author of The Most Important Thing... a book Warren Buffett called... and I quote... a useful book. Which from Buffett... is basically a standing ovation.

On the other side... Michael Milken. Chairman of the Milken Institute... and one of the most controversial and consequential figures in the history of capital markets. The man who essentially invented the high-yield bond market... and who, years earlier, had a meeting with a young analyst named Howard Marks that would shape Marks' entire investment philosophy.

Think about that for a moment. These two didn't just meet for an interview. They go back decades.

Now... I'm not going to pass you straight to the recording. Instead, I want to share some of the highlights with you... the moments that I think matter most... and give you some context along the way so you can really absorb what's being said.

Because here's the thing. The ideas Marks discusses in this conversation... second-level thinking... the relationship between risk and price... why most investors are playing the wrong game... none of that has an expiry date. Markets change. Headlines change. The psychology driving those markets? Barely moves at all.

So let's get into it. And as always... you can find more at sweatyourassets.biz.

Alessandro

Sweat Your Assets is a financial education platform built on one idea: anyone can learn to manage money wisely, build wealth steadily, and make decisions that hold up over time.

The podcast is one piece of a larger sandbox — alongside a blog, YouTube channel, and monthly newsletter. Everything comes from what I read, test, and apply about money, investing, and financial freedom.

No sponsorships. No shortcuts. Just honest, evidence-based thinking.

Each episode covers what actually matters: financial mindset, money psychology, investing principles, building income, and avoiding the traps that keep people broke.

The conversations the mainstream media rarely has, because they don't sell.

If you want to think more clearly about money, you're in the right place.

Sweat Your Assets — Alessandro Baroni 🌐 sweatyourassets.biz ▶️ youtube.com/c/SweatYourAssets 📩 Newsletter: sweatyourassets.aweb.page/financial-growth-newsletter

Hosted on Acast. See acast.com/privacy for more information.

Should you focus on saving more or earning more? It's one of the most debated questions in personal finance — and most people are asking it the wrong way. In this episode, we break down the wealth formula that sits beneath the debate, explain why the sequence matters more than the choice, and show you why a dollar saved is worth more than a dollar earned — for three distinct reasons. We also cover when to prioritise each lever depending on where you are in your financial journey, and why building lasting wealth means thinking well beyond your investment portfolio. No shortcuts. Just the formula, applied with patience.

Thank you for tuning in — and as always, sweat your assets.

Alessandro

sweatyourassets.biz

Sweat Your Assets is a financial education platform built on one idea: anyone can learn to manage money wisely, build wealth steadily, and make decisions that hold up over time.

The podcast is one piece of a larger sandbox — alongside a blog, YouTube channel, and monthly newsletter. Everything comes from what I read, test, and apply about money, investing, and financial freedom.

No sponsorships. No shortcuts. Just honest, evidence-based thinking.

Each episode covers what actually matters: financial mindset, money psychology, investing principles, building income, and avoiding the traps that keep people broke.

The conversations the mainstream media rarely has, because they don't sell.

If you want to think more clearly about money, you're in the right place.

Sweat Your Assets — Alessandro Baroni 🌐 sweatyourassets.biz ▶️ youtube.com/c/SweatYourAssets 📩 Newsletter: sweatyourassets.aweb.page/financial-growth-newsletter

Hosted on Acast. See acast.com/privacy for more information.

Think and Grow Rich is one of the most recommended books in personal finance. It has sold over a hundred million copies, sits on every entrepreneur reading list, and is endorsed by some of the most successful people in the world.

There is just one problem. The man who wrote it was a professional conman, the credentials were fabricated, the famous mentors were invented, and the book contains an entire chapter on channelling sexual energy into wealth... backed by the example of a castrated bull. In this episode, Alessandro cuts through ninety years of hype to ask the question nobody in the self-help world wants to answer honestly: is there anything real underneath the con?

What does the science actually say about mindset, positive thinking, and the Law of Attraction? And why does a wrong mindset guarantee failure... while the right one still cannot guarantee success?

Welcome to a new episode of the Sweat Your Assets podcast.

Tune in and Enjoy the episode.

Alessandro

Sweat Your Assets is a financial education platform built on one idea: anyone can learn to manage money wisely, build wealth steadily, and make decisions that hold up over time.

The podcast is one piece of a larger sandbox — alongside a blog, YouTube channel, and monthly newsletter. Everything comes from what I read, test, and apply about money, investing, and financial freedom.

No sponsorships. No shortcuts. Just honest, evidence-based thinking.

Each episode covers what actually matters: financial mindset, money psychology, investing principles, building income, and avoiding the traps that keep people broke.

The conversations the mainstream media rarely has, because they don't sell.

If you want to think more clearly about money, you're in the right place.

Sweat Your Assets — Alessandro Baroni 🌐 sweatyourassets.biz ▶️ youtube.com/c/SweatYourAssets 📩 Newsletter: sweatyourassets.aweb.page/financial-growth-newsletter

Hosted on Acast. See acast.com/privacy for more information.