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Becker Private Equity & Business Podcast

Scales & Portfolios or Pounds & Dollars 4-17-25

Thu, 17 Apr 2025

Description

In this episode, Scott Becker discusses the ups and downs of tracking weight and checking portfolios, and why “Pounds & Dollars” just hits better than “Scales & Portfolios”.

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Transcription

Chapter 1: Who is discussing scales and portfolios in this episode?

0.149 - 28.12 Scott Becker

This is Scott Becker with the Becker Private Equity and Business Podcast. Today's discussion is scales and portfolios or pounds and dollars. So here's the setup for this. And we did a Twitter poll on this. The concept is that at the end of the day, I am somewhat obsessive and compulsive. I'm not very good at it. at watching my weight and watching my portfolio.

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Chapter 2: What is the connection between tracking weight and portfolios?

28.54 - 49.653 Scott Becker

Now, the concept is, in terms of scales and portfolios, when I get to the spot that my weight is where I don't want it to be, I have the hardest time getting on the scale, so I think about the scales in that way, And then portfolios, we think of as well, is when do we get to the spot where portfolios, it's so depressing. I don't want to look at the portfolio.

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Chapter 3: Why is it hard to check the scale or portfolio when outcomes aren't favorable?

Chapter 4: What alternative title could better describe the concept of scales and portfolios?

49.953 - 68.267 Scott Becker

I don't want to hit the Fidelity or Vanguard, whatever tab we're hitting to check the portfolio, scales of portfolios. So I look at this and I'm looking for a better title for this concept of scales and portfolios. Again, right now, the scale is going okay, but it's gone a little bit. The portfolio is not going so well, but it is what it is.

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69.438 - 93.958 Scott Becker

But I asked on Twitter and in my newsletter for better suggestions in scales and portfolios. One of the ones that we came up with that was referred to me or suggested to me was pounds and dollars. And I sort of liked that much better than my concept that I use of scales and portfolios. Apparently, our audience liked it a lot more because we did a Twitter poll around –

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95.058 - 116.296 Scott Becker

scales and portfolios versus pounds and dollars. And pounds and dollars got the overwhelming number of votes for the title of these types of discussions when we're talking about my weight and my portfolio, meaning the weight is going okay right now, back to closer to target weight. The portfolio is nowhere near the target portfolio. But in terms of a title...

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117.085 - 145.803 Scott Becker

pounds and dollars versus scales and portfolios the the pounds and dollars one won on the podcast by a decent amount uh and we'll probably move back towards using that more often these the pounds and dollars versus scales and portfolios and thank you so much for the the reader who sent us in that title that concept of pounds and dollars uh versus scales and portfolios thank you very very much again if you have a suggestion in this feel free at any time

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146.343 - 163.477 Scott Becker

Text Scott Becker, 773-766-5322. We appreciate you reaching out, giving me your thoughts, letting me know what you think, whether you agree, you disagree. I don't care. We love hearing your thoughts. Thank you so much for joining us on the Becker Private Equity and Business Podcast. Thank you very, very much.

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