Mick Heyman, a seasoned wealth manager with a career spanning four decades, is the founder of Heyman Investment Counseling. Starting in Cincinnati, he recognized that human emotion is the linchpin driving financial markets, defying traditional economic understanding. Mick’s journey led him to Louisville, where he honed expertise in equities, managing billions in assets and achieving consecutive outperformance of the S&P 500. Later in San Diego, he returned to working closely with individual investors, some for over three decades, showcasing his steadfast approach. Mick’s unique approach is anchored in understanding human nature and appreciating long-term trends, a perspective he shares through articles and contributions to esteemed financial publications. He authored “Mellow Your Money,” a transformative guide advocating for sound money management as a meditative practice, leading to peace rather than panic. Mick emphasizes self-awareness and a less-is-more strategy, silencing media noise for a profitable counterintuitive investing approach, ultimately promoting health, wealth, and wisdom.
What You’ll Learn in This Episode:
- The impact of human emotion on financial markets and the importance of understanding psychology.
- Mick’s unique approach to wealth management emphasizes long-term trends and self-awareness.
- The role of meditation and mindfulness in sound money management.
- Mick’s perspective on cryptocurrency and why he advises caution.
- Balancing the challenges of making money in business with long-term financial planning.
- Advice for entrepreneurs on investing and building a diversified portfolio.
- The importance of paying yourself first and maintaining an emergency fund.
- Mick’s goal of helping individuals achieve balance and financial success through his book, “Mellow Your Money.”
Resources Mentioned in This Episode:
- Mick Heyman’s website: Mellow Your Money
- Mick Heyman on LinkedIn: Mick Hyman on LinkedIn
- Mick’s book: “Mellow Your Money, A Transformative Guide”