Ep. 8 - Howard Lindzon, StockTwits Founder & Partner at Social Leverage: The Trend is Your Friend

You can learn more about Howard Lindzon at his blog. If you have found this valuable, please consider leaving us a review as it will help more people find it! Thanks you're awesome! You can find more information and content by going to these places: Website: https://www.investingcity.org YouTube: Investing City Twitter: investing_city Instagram: investing_city Or feel free to email us at service@investingcity.org If you would like $10 off/month on a Dynasty Membership, just email us with the keyword "Podcaster Elastimer" and we'll hook you up! (it had to be a strange yet memorable keyword right?!) Again, we really appreciate that you would take the time to listen. Hope it was valuable. Let us know if you have any questions! Below you will find our entire conversation transcripted for those with hearing problems or just if you like reading more than listening. Enjoy! Ryan Reeves 0:13 Okay, so, today on investing, city podcasts were overjoyed to have Howard Lindzon. Howard is a legend in the investments world and we're just so excited to have him on. So, thank you, Howard. Howard Lindzon 0:25 No problem. No problem. Legend. I don't know. Ryan Reeves 0:29 Well, the listeners can decide. But I just want to start to start with a little bit of background cuz I follow you on your daily blog. It feels like I know you and kind of your personal life, but I just want to drill down on some other aspects. So you grew up in Toronto, you grew up in Toronto and went to school in Toronto undergrad, a name winter Arizona state for a master's program and then tell us a little bit about your background from there on. Howard Lindzon 1:03 I was back it was the Gulf War was ending the one I was in Phoenix didn't want to move back to Canada. I had to get a sponsored green card or visa H1 visa, I forget exactly what it was called at the time, probably the same thing and became a stockbroker. You know any job to stay in the country was the goal didn't matter. I had a business degree but no professional. degree and so I was cold calling right out of grad school and fell in love with the stock market which kind of led to everything you know. Had some good mentors early and here I am, today still investing and loving the stock market. So that was 91, 27 years ago. Ryan Reeves 2:06 In those days did somebody kind of show you the ropes? Are you figured out yourself or just tell us a little bit about that? Howard Lindzon 2:18 No, I mean you're supposed to make cold calls, what intrigued me was you know how to put together stories and research from the brokerage that I worked for which was principal group and you know just cold calling try and talk to people with money so wasn't so much a stock market intrigued me it was just a job I didn't love cold call and in love selling securities so in the end I they ended up you know in one of my cold calls I came upon a an entrepreneur ended up getting sidetracked you know working in the startup called pro innovative concepts which became kind of a company we together made a lot of money and circle back to the stock market because we were investing so kind of the stock market passion came later from the other side of the table actually being the one that had money to invest Ryan Reeves 3:37 And so, tell us a little bit about that call. So, you're cold calling. And how did you get this guy's number? And had you kind of hit it off? Howard Lindzon 3:44 Um, well, I mean, you know, you open up local back then there's no internet. So, you open up the Business Journal and you would see who they were writing about. And, and then, you know, call them assuming they were wealthy. When I called mark, the founder, he actually turned out to not have a nickel, but he had a great cool company. And we, you know, we all got involved in that company. So, it really wasn't, he...