In today’s episode of the Passive Wealth Principles podcast, Jake Harris had an insightful discussion with Litan Yahav about his background, his journey, and the priceless lessons he learned along the way. They also explore the best way to reach financial independence, focusing on passive investing strategies and how Vyzer helps streamline investment management.
You will not only learn about the Kimberley Certificate and its use in the Diamond Industry, but also how Litan assists people in organizing their passive investments through his new venture, Vyzer. This is a must-listen episode that ends with rapid-fire questions with Litan!
0.26- Introduction.
4.38- Litan’s background.
10.34- Litan’s role in the Navy.
14.10- Why Segoma?
23.27- How did he start evolving as a passive investor?
35.39- Series of problems after being passive investors.
37.48- Questions to GPs.
46.35- Challenges when investing in terms of currency.
1.06.18- One thing that gave Litan freedom after spending money.
1.11.25- Wrap up.
“If you are already investing in real estate and you want to be passive, I don’t see any other way to do it than investing as an LP investor. That’s the best way to reach that financial independence.”
“Investing is a risky business, and each has a different risk profile for different reasons and it’s like I didn’t want to add the currency risk on top of that because if the shit hits the fan and I’m stuck with the Euros and dollars. I can still use it somewhere. I can still fly to Europe or US and use it there as opposed to any other, not core currency in the world”.
Never Split the Difference: Negotiating as if Your Life Depended on It. by Chris Voss.
Thinking, Fast and Slow by Daniel Kahneman.
Email: Litan@vyzer.co
Twitter: https://twitter.com/YahavLitan
Facebook: https://www.facebook.com/litanyahav
Linkedin: https://www.linkedin.com/in/litanyahav/