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Becker Private Equity & Business Podcast

Friends Don’t Brag About Golf Scores or Great Investments 2-6-25

Thu, 06 Feb 2025

Description

In this episode, Scott Becker humorously vents about friends who can’t resist sharing their winning investments and golf scores—while he’s stuck missing out on both.

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Transcription

Chapter 1: What is the main topic of this episode?

0.089 - 11.359 Scott Becker

This is Scott Becker with the Becker Private Equity and Business Podcast. Today's discussion is friends don't tell friends. their golf scores, or their great investments.

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Chapter 2: What investments did Scott's friend make?

11.899 - 29.347 Scott Becker

So one of the things that happens in the worlds we all live in is, you know, I wake up this morning, I'm reminded that one of my close friends, he's out of the park in two of his investments, and he had told me about these investments before he invested in them, and I should have done so. Those two were Tempest AI and EY Willie.

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Chapter 3: What lesson does Scott learn from his friend's success?

29.728 - 51.287 Scott Becker

And again, my moronicness for not following his lead and being stubborn. But the point is, when I graciously tell him, you know, you were right, I was wrong, You're like EF Hudson and Peter Lynch. I should have followed your lead. Rather than just saying, thank you. Thank you. He doubles down and tells me the next stock, Soundtown, that he also knocked it out of the park on.

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Chapter 4: How do friends brag about their successes?

51.827 - 74.582 Scott Becker

And all I could tell you, is this necessary? Do I really have to hear this? It's bad enough I missed out on the first two, but he's got to tell me he was hiding a third from me that also knocked it out of the park. This whole conversation reminded me of two of my buddies that it seems like every time they shoot a 78 or 79 shot, or score a great golf score, and I'm struggling with my golf game.

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74.782 - 97.201 Scott Becker

I am struggling right now. They text me, oh, yeah, I just had a great round. I just had a great round. Like, I don't want to hear about your goddarn golf score anymore. All it's telling me, friend one, I'm a great investor. You're not. Friend two and three, you're great golfers. I'm not. If I get one more text from any of you about your great investments or your great golf scores,

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98.297 - 111.51 Scott Becker

I'm going to lose it. In any event, that's today's podcast. Friends don't tell friends about the great golf scores that are great investments. Thank you for listening to the Becker Private Equity and Business Podcast. I am steaming mad, but I'm going to be okay. Thank you.

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