Being an Unapologetic American with David Bahnsen
Updated: May 2, 2022
Notes from the Producer
When I first heard that Andrew was going to interview a former Morgan Stanley Managing Director who launched his own private wealth management firm, I braced myself for a “dry” show.
Although I was suitably impressed with David Bahnsen’s career accomplishments and company stats (The Bahnsen Group has offices around the country and manages over $3.5 billion in client assets) I was psyching myself up for some bland economic jargon and dense theories.
Andrew’s 20+ minute conversation with David was in no way dry, bland, or boring. On the contrary, David is articulate, extremely knowledgeable, and humorous to boot.
David talks about...
His definition of a “conservative” and why he considers himself one.
Why There’s No Free Lunch (The title of David’s latest book).
The secret to transforming woke companies from the inside (hint: Elon Musk is crushing it).
The coming demise of the ESG (Environmental, Social, Governance) framework.
How Facebook stock is an “overvalued piece of garbage.”
How he has managed to remain an unapologetic conservative during his high-profile career and how he removed the #1 vulnerability that threatened his ability to live and speak his values at work.
The “perfect storm” that has created our current inflation situation.
How private equity and direct investment can beat a boycott any day.
The attitude that conservatives need to adopt in order to regain their freedoms in the workplace.
Katie’s Favorite Quotes:
“People are going to find out what I think whether I say it or not, it’s going to come out...I can’t live with the pressure of remembering what I’m supposed to say and not say, and who I can say it around, and who I can’t. I just wake up and be myself every day.”
“Sometimes what people take exception to might not be the offense of their viewpoint, but the offense of their presentation...I just err on the side of civility. Sometimes civility doesn’t help, but I do think it is the right way to present things.”
“I don’t know if the ESG folks can continue their posturing and virtue-signaling when people are actually now losing money on it.”
Here are some of the action steps that you could apply from today’s episode:
Step One: Educate yourself about money! Bahnsen’s book of daily readings on economic principles would be a great place to start.
Step 2: Become such a valuable employee that your boss couldn’t imagine life without you – even if he disagrees with your worldview.
Step 3: Have courage in your workplace – say what you’re thinking once in a while – don't keep stuffing! You might find that there are other ‘silent sufferers’ in your workplace who will take heart at your courage, and find courage of their own because of you.
Step 4: As you speak up, maintain civility and pick your battles thoughtfully.
Step 5: If you’re a well-heeled investor, consider investing strategically in companies that are wasting their potential on wokeness. Use your new voice for good.
In this Episode:
Crisis of Responsibility: Our Cultural Addiction to Blame and How You Can Cure It
There’s No Free Lunch: 250 Economic Truths
Thanks for “reading” this show. We’ll be back next week with another exciting interview, and actionable advice to keep you moving toward freedom. All the best from Team RedBalloon!
Take Action, and Take Heart,