S2E36 - Dion Pouncil - More knowledge is the true path to achieving your goals

Payback Time Podcast

Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.

Dion Pouncil

Dion Pouncil - More knowledge is the true path to achieving your goals

Is there a shortcut to achieving your goals? Absolutely not. But there is a way to shorten the timeline. Hard work and discipline are important traits but the trait that will get you there the fastest is knowledge. My next guest has two key businesses. One of which is a hedge fund where he generates around 20% per year for his clients. The other is an educational platform that empowers people to trade on their own. Yes, I said “trade” not “invest”. He has developed a system that helps traders reduce risk and generate positive returns which is impressive as most traders lose money. In this episode we talk about trading vs investing however, we do spend a lot of time talking about mindset. The way we think and the expectations we set will define our future and most people don’t set big enough goals. If you’re an investor or entrepreneur, this is an episode you don’t want to miss. Please welcome Dion Pouncil

key timecodes

• (01:31) - Dion Pouncil's background story
• (03:21) - His experience in the financial market
• (04:43) - His company's business model
• (09:10) - Revenue expectations for his clients
• (12:48) - His trading strategies
• (10:29) - Trading model using algorithms
• (17:17) - The parallel between TYKR point of view and his strategy
• (20:51) - What are the minimum investment levels of his business?
• (23:29) - His educational platform business
• (28:04) - How long has the platform been running?
• (29:36) - The content production and philosophy
• (31:04) - The importance of education to reduce the risk of investing
• (33:01) - How to sign up to his platform
• (53:57) - His book recommendations and education insights
• (41:04) - The worst investment advice he ever received
• (42:03) - The best investment advice he ever received
• (46:53) - Key practical skills important today
• (47:55) - Dion Pouncil contacts