In episode #18 of The Big Bo $how, Big Bo (a.k.a. Jason Blumstein, CFA) takes a look at one of the most overlooked personality traits in building sustainable wealth — swagger. For individual athletes and team dynasties, swagger is a key ingredient to success. But how does it fit into investing? And could it cause your downfall? Or is it an ally?  In this $how, you'll hear:  How swagger is different from cockiness — and how investors can implement the right amount into their financial plans.  Lessons to learn from both the $63.4 billion Enron collapse and the alarming statistics behind the financial struggles of former millionaire ex-athletes.  The cocktail ingredients that make up the right mix of swagger — integrity, knowledge and passion.  Bo Know$ segment: 6 steps you can take to implement swagger into your personal and financial lives. Hope you enjoy the $how!Episode 18 Key Takeaways: 00:00 Defining the fine line between cockiness, overconfidence and swagger.  04:20 Two eye-opening statistics that underline the general hubris and overconfidence of Americans. 06:38 What investors can learn from the cautionary tales of both professional athletes and Enron executives Ken Lay and Jeff Skilling. 10:40 Looking at Warren Buffett and Charlie Munger to draw ties between knowledge and swagger.  13:22 Where “people get things wrong” on the path to building sustainable wealth.  15:59 Bo Know$ segment: 6 steps you can take to implement swagger into your personal and financial lives.  22:21: A quick wrap-up and episode summary. The content is developed from sources believed to be providing accurate information. The information in this podcast is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. Julius Wealth Advisors, LLC (“JWA”) is a registered investment adviser located in Englewood, NJ. Registration as an investment adviser does not imply a certain level of skill or training.  The publication of The Big Bo $how should not be construed by any consumer or prospective client as JWA’s solicitation or attempt to effect transactions in securities, or the rendering of personalized investment advice over the Internet. A copy of JWA’s current written disclosure statement as set forth on Form ADV, discussing JWA’s business operations, services, and fees is available from JWA upon written request.  JWA does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein.  All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly. JWA is neither your attorneys nor your accountants and no portion of this podcast should be interpreted by you as legal, accounting, or tax advice.  We recommend that you seek the advice of a qualified attorney and accountant.

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