I’ve gotten to know Mark Allan Bovair on Twitter, where he’s built a huge following consistently sharing his thoughts & ideas.
Mark is the author of the Finance and Fatherhood Newsletter. He’s also a single dad of three teenagers who has a full-time job in Accounting and three (3) profitable side-businesses—all while studying for the Life Insurance & Series 6 exams to be a financial advisor.
In this episode, we discuss Mark’s best days on Twitter. Recently, he says the controversial and chaotic revolt of “Redditors” against a prominent Wall Street hedge fund was one of those best days. It was modern-day class warfare, so-to-speak, for a digital world.
The reason for the revolt, Mark says, is that people have been fed up with “the establishment.” They’re sick and tired of sizable wealth transfers taking place in our country that leave many people out. As long as hedge funds get rich and people get bailed out when needed, he imagines this sort of backlash will continue.
We also discuss how the year 2020 has impacted Mark’s life. Being an introvert and having three kids at home 24/7 has been the most mentally challenging time for him. Interestingly, he always thought he’d want to spend infinite amounts of time with his teenagers, but later realized that more time doesn’t always mean better time. He says it’s much more important to have quality time with them and set an example rather than worry about quantity of time.
This was a fun and enjoyable discussion for the same reasons I enjoy Mark’s writing. He’s easy-going, relatable and insightful. Neither of us could believe two hours went by so fast. Hope you enjoy, and learn something from this discussion. I sure did!
Other topics discussed:
- The emergence of new leaders
- Bitcoin’s rise
- Mark’s Bitcoin stake
- GameStop & AMC
- Teaching kids about money
- Teaching kids financial lessons through narrative
- Investing in your kids’ future by combating laziness
- Kids then (1980s & 1990s) vs. now 2010s & 2020s
- How & why kids are over-scheduled
- Free-range parenting
- Advantages of being a parent not stuck in one generation
- Kids lobbying for smartphones
- Screen-free Sundays
- Freedom from technology as the new luxury
- Importance of having family traditions
- Analog making a comeback
- Rudeness via technology
- Striking a balance between digital & analog worlds
- Qualities of a great writer
- Being consistent with content creation vs doing it only when the mood strikes
- The first thing Mark wrote for public consumption
- How Mark got into accounting
- How Mark’s dating life resurfaced after his divorce
- Gretchen Whitmer (Michigan Governor)
- Election fraud & conspiracy theories
- Tulsi Gabbard, David Portnoy, Elon Musk, Joe Rogan, Naval Ravikant
- Trump’s social media censorship
- Democrats & Republicans fighting a “common enemy”
- Most people’s 4th biggest expense
- Financial implications of getting a divorce
- HSA as an investment
- Internal monologues
- Best moments in life are with family & friends
- Getting in the zone
- How to Change Your Mind by Michael Pollan
- Psychological perceptions of the passing of time
Questions asked:
- Why did you just have one of your best days on Twitter?
- Do you get any sense of FOMO when you see people making quick money?
- Can you talk about the year 2020 and its impact on your life?
- At what point should you start teaching your kids about money?
- How are kids different today [versus when we were kids]?
- Do you think your kids would prefer to communicate on apps like Snapchat rather than meet at Starbucks?
- Are kids overscheduled? Is that why they don’t have any time to do anything on their own?
- Do you think it will benefit our kids that we are the last generation [to have lived] without supercomputers in our pockets?
- At what age did your kids start lobbying for smartphones?
- When did you identify that you had a great writing skill set?
- Do you remember the first thing you wrote for public consumption?
- Are you dating now?
- Did you think because of Gov. Whitmer that Trump would win Michigan in a landslide?
- What was the scandal surrounding certifying the election in Michigan?
- Who are the new leaders emerging from all the chaos?
- What do you think is the 4th biggest expense in everybody’s monthly budget after housing, transportation and food?
- How did you get into debt the second time?
- What sorts of things do you invest in?
- Do you do financial coaching?
- How do [having an] internal monologue & clear writing jive?
- Have you done meditation to control your internal monologue?
- Do you hit that flow state, that bliss, when you’re writing?
- Have you ever tried LSD or any sort of psychedelic?
Fun questions:
- Social media – net negative or net positive for society?
- In their prime, who are you taking on a dinner date – Heather Locklear, Kathy Ireland, or Christie Brinkley?
- Same dinner date question but this time it’s between Cameron Diaz, Alicia Silverstone, or Christine Taylor?
- Last dinner date question – Halle Berry or Scarlett Johansson?
- Who are your three best friends?
- If you & your three best friends could go anywhere in the world for one week, where would you go?
- If you were stuck on a golf course all day long & could only bring one band’s album with you, who are you taking?
- If someone gave you $100,000 & forced you to invest it between Tesla, Amazon, or Apple, how much are you allocating toward each of them?
- How many guests are you having if you’re hosting a dinner party at your house & cost is not an issue – 4, 6, or 12 guests?
- At this dinner party, you clean your glass & you stand up to thank everyone for coming. What do you say next?
- How much do you think communists value human life?
- What % likelihood would you give the Coronavirus being deliberately unleashed to the world?
- If China were at war with us, do you think they’d tell us?
- What is your word for 2021?
Listen here:
Books mentioned:
- How to Change Your Mind by Michael Pollan
Connect with Mark:
- Twitter: @markallanbovair
- Substack Newsletter: markallanbovair.substack.com