Howard Lindzon Fintech and Trend Following - [Invest Like the Best, EP.109]

Published: Oct. 23, 2018, 9:30 a.m.

b'My guest this week aspires to be the Larry David of investing, and we discuss why. Howard Lindzon is hard to categorize. He\\u2019s primarily an early stage investor right now, but he\\u2019s participated in all types of investing. He describes himself as a trend follower and always has a unique take on popular topics.\\xa0\\n In this conversation, we cover his investing history and his take on the fintech investing landscape. What I\\u2019ll remember most is the idea that we should focus on what is happening versus what we think will happen or might happen. There is a Peter Lynch like quality to some of Howard\\u2019s thinking, and a willingness to embrace the weird that I find very appealing. The few times I\\u2019ve met Howard, I\\u2019ve smiled or laughed most of the time, which is about as nice a thing as I could say about someone.\\n He\\u2019s a good example of why I like this podcast format. His investing style bears literally no resemblance to my own, but it got me thinking about a lot of new things. I hope you enjoy our chat.\\n For more episodes go to InvestorFieldGuide.com/podcast.\\n Sign up for the book club, where you\\u2019ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub.\\n Follow Patrick on Twitter at @patrick_oshag\\n \\xa0\\n Show Notes\\n 1:42 - (First Question) \\u2013 Why he wants to be the Larry David of investing\\n 2:00 \\u2013 Why his investing style is best described as trend following\\n 4:05 \\u2013 The biggest inspirations/influencers on Howard\\u2019s investing\\n 6:39 \\u2013 What made his second mentor, Fred Wilson such a great investor\\n 9:52 \\u2013 Formation of Wall Strip\\n 12:33 \\u2013 Why weird is so important in his investment philosophy\\n 14:56 \\u2013 Understanding his investment philosophy through his investment in Rally Road.\\n 21:02 \\u2013 His assessment of the fintech space\\n 28:54 \\u2013 Why fintech pushes away from human nature\\n 30:50 \\u2013 Major trends in fintech that have his attention\\n 35:02 \\u2013 What stands out about the teams at these companies he invests in\\n 36:37 \\u2013 Thoughts on fractionalization plays\\n \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 36:44 \\u2013 Capital Allocators podcast episode\\n \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 36:54 \\u2013 Venture Stories Podcast\\n 40:03 \\u2013 Any major trends that are changing and worth attention\\n \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 42:06 \\u2013 The Tipping Point: How Little Things Can Make a Big Difference\\n 43:26 \\u2013 His take on the media landscape\\n 45:10 \\u2013 Kindest thing anyone has done for him\\n \\xa0\\n Learn More\\n For more episodes go to InvestorFieldGuide.com/podcast.\\xa0\\n Sign up for the book club, where you\\u2019ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub\\n Follow Patrick on twitter at @patrick_oshag'