Become a Master of Finance with Harvard Professor Mihir Desai (with Lewis Howes)

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This is audio podcast number #518 with Mihir Desai
Make sure to leave a comment below and share this with your friends!
Mihir A. Desai is the Mizuho Financial Group Professor of Finance at Harvard Business School and a Professor of Law at Harvard Law School. He received his Ph.D. in political economy from Harvard University; his MBA as a Baker Scholar from Harvard Business School; and a bachelor's degree in history and economics from Brown University. In 1994, he was a Fulbright Scholar to India.
www.mihirdesai.org/
Show notes available here:
lewishowes.com/518
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You can follow Lewis at:
Website: lewishowes.com/
Facebook: / lewishowes
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Lewis Howes is NY Times Bestselling author, entrepreneur, and former professional Arena League football player. He hosts The School of Greatness, a talk show distributed as a podcast. Learn and hear the stories from various successful people around the world, become inspired, motivated and educated with the SCHOOL OF GREATNESS. lewishowes.com/book
You can follow me at:
Website: lewishowes.com/
Facebook: / lewishowes
Twitter: / lewishowes
Instagram: / lewishowes
Tiktok: / lewis
Linkedin: / lewishowes

[@LalaNaidu]

“Kindness and generosity” as the most important human qualities coming from a Harvard Professor of Finance. Boy! That gives me hope. I feel and so appreciate the deep wisdom and spirituality of Mr. Desai’s Indian heritage shining through. Thank you gentlemen ~

[@lewishowes]

You're welcome, thank you for watching🧡

[@mthxjzz6462]

Why? He doesnt calls himself Master of the Universe nor is he a politican.

[@sterlingphoenix71]

Mr. Howes. I love how in your videos you are a great listener. One of the greatest gifts you give us is how to listen. I’m sure you have this compendium of great useful knowledge that very few people have, yet you listen and listen and listen; it’s admirable that You’re not showing off your great stores of knowledge. I learn as much from your guest as I do from watching you listen.

[@ssinghalin]

Its great to hear from a great professor views on empathy, humility, encouragement and how everyone can become great. Really appreciate it !!

[@stink0soccer]

Should read “the millionaire next door”!!

[@trinacarpenter5837]

What a great guy! It’s hard to get richer people to think of being in others shoes. Fantastic guy!! What an excellent example of a father and teacher!

[@josefinademialma]

I wish I was exposed to this 5 years ago… but maybe then I wouldn’t have been to absorb it… I’m happy I found it now. Thank you Lewis 🙏

[@miccapota]

The most down to earth talk on Finance I’ve heard.

[@adelekamelmarcsheldon-moti3451]

It's so obvious he is used to teaching, he explains complex information so easily! Love it

[@adelekamelmarcsheldon-moti3451]

Lewis Howes you're the man Lewis. I recommended your channel to a client today and she loved it!

[@thehaaps]

What a great choice to interview Mihir Desai....thank you, Lewis, for another great one!!! Love your podcasts.

[@DrummingKid101]

You're definitely the realest one in the territory of podcasting and self improvement. Great guests and great questions make for great dialogue. Helped me a ton

[@olgabarasoain]

Just bought this book *The Wisdom of Finance* on Audible .... love it!!

[@JyotiSinghOz]

Thanks for another wonderful talk Lewis! Didn't expect a Finance professor to have a 'story telling' style.

[@rmouwehand]

what an amazing speaker!!! best talk i have seen so far on your show!

[@jrajesh11]

I have been watching most of all your podcasts including many of them on health, nutrition and Dave Asprey. Great questions and conversations. Keep doing such quality discussions .

[@humorinheels1098]

I always love the School of Greatness and this has to be one of the best guests. Super encouraging and soulful...and with a financial topic?! What a great guy.

[@zahraabdilahi8637]

Ko.l.l.l.o..ll.l.o...ll..lo.ll.

[@zahraabdilahi8637]

Omo..oll.ll.o.lo.olo.ll.o.ll.o.l.ol.ll.oll..

[@zahraabdilahi8637]

Omo..oll.ll.o.lo.olo.ll.o.ll.o.l.ol.ll.oll..o

[@anpe6524]

LOVED THE FINAL MESSAGE ABT What is greatness!!!

[@charlotdjerayom2287]

Lewis always shows with great people........... I am listening to your show with Bob Proctor every single day now for 9months.the School of Greatness is the best

[@Chap17]

Bob Proctors write out your goal card carry it, bathroom mirror ...60 days amazing changes ..little by little

[@xander423]

I follow closely everything that is happening at Harvard Business School and really appreciate his interview , very powerful. Thanks Lewis ! Everything he said is right , I have young children and absolutely teach them this mindset if finance. It’s interesting because I also had a grandfather from Italy that kept a handwritten ledger as did his wife and my great aunt. My grandfather also taught me from an early age to look back in history and glean from history principles of finance and life. I also really appreciate how he blends a variety of stories, history and the Bible and convert to finance and leveraging resources ! Yes the story of the parables , exactly! I always say it to my clients and my kids how can we turn $1 in to $10 aka , talents , resources , gifts and so on. Wonderful interview !

[@michaelshustek1667]

What an intelligent individual. Thanks for sharing your thoughts.

[@nabilelberr2213]

I'm sitting here on a Saturday night in the Oktober of 2020 and enjoying this soo much! Thanks!

[@DrRajeevJainFCA]

wow, I recently met Mihir at Harvard and know as professor but start realizing he is not only a finance expert but a wonderful emotional person too.

[@genevievedemers3675]

What a good one! So excited about it! Keep it up Lewis👍🏻

[@victoriahernandez7508]

Bring him back for more topics!

[@akankshaKanwar]

Loved the talk !! Awesome!!

[@ariettej4271]

Wow, this has got to be one of my newest favorites. Such lively and engaging conversation, I could listen to him all day! Pretty awesome how this was five years ago. Much love from 2023!

[@annickkabeya3362]

This is a great interview. I enjoy Finance but I have had time applying all the concepts. So it is great to learn a different perspective.

[@Mishfamilyshair]

This talk was so refreshing. Thank you for posting it!

[@leeroymarie6597]

thanks for the great videos with great content..you're the man Lewis!

[@ryanfrizzell736]

Excellent video. Now I know more about mastering finance from a humble professor.

[@mikeforseth]

20 years in financial services tells me the Harvard professor knows what he's talking about. :-). It's easy to get started. Keep a part of everything you earn and invest it so it grows (Mihir mentioned index funds) and/or pays you money (Mihir mentioned treasuries). Make sure you are contributing to any company plan, at least enough to get the match. Learn as you go. Three books to check out in addition to The Wisdom of Finance Rich Dad, Poor Dad -mentioned in the show The Richest Man in Babylon The Millionaire Next Door Way to expand the guest list Lewis.

[@dawnfmEnthusiast]

how would one exactly invest in an index fund or purchase a bond? I know what they are, but don't know how to execute a transaction! appreciate your recommendations!

[@mikeforseth]

You will need an account to do the transaction in. Research more about index funds so that you know which fund(s) you want to invest in, Then you could open an online brokerage account or an account with a mutual fund family. This can normally be done in a few minutes online. You deposit funds to the account and then you can make a trade to purchase the investments you choose. Depending on the account and investments you can automate the deposit of additional funds and the purchase of additional shares. When you make regular purchases of an investment, you take advantage of something called dollar cost averaging. I'm sure you tiube can teach you all about that. Best of luck,

[@opipainting8569]

Rich Dad, Poor Dad should be in every school!! Great book.

[@Mishfamilyshair]

Mike Forseth richest man in Babylon was such a good read!

[@BenWeeks]

Rich dad had some good insights for sure, but it's important to note that his advice if followed would have bankrupted anyone leveraged into risky real estate during the 2008 crash.

[@heliosenergysolutions5660]

This show is powerful. Like all the others. Shout out from SA!

[@TheZGALa]

I was just talking to a friend of mine about self-narratives, and how we balance those negative and positive aspects to come up with a working truth...and when it doesn't work--change it!

[@Aliphbay]

thanks Mihir Desai

[@35pri2ish]

This has been life changing. Thank you.

[@joelleblanc8670]

I love how often these wonderful videos are being released.. feels like my week is filled with Lewis & Co. goodness :D Keep it up!

[@rohangangan8327]

It always amazes me and fills my heart with pride when I see Indian people or people of Indian origin do well abroad and really make a name for themselves. Such a big moment for our Country when we look at such distinguished and accomplished people embossing our name on the world stage.

[@lewishowes]

👍

[@optionstrading5757]

So, you're a nationalist. That's good.

[@ColtTheWolf]

@@optionstrading5757Hopefully this isn't meant in a negative way. When people always assume your country is bad, it's OK to be proud to see people from your country educating and improving it.

[@paul14ify]

Don't assume he could be born American

[@hufficag]

Gangan style!

[@SuperDavidgrace]

Great teacher for sure. I can listen to him all day but to be honest I really like first 30 minutes of interview more than the rest.

[@samk.970]

All my best professors were best story tells. They make sure they breakdown complex concepts and theories into the simplest form that is relatable to the majority of the audience. Mihir's coherent and unassuming share is quite amazing.

[@fabfinancefairy]

Great takeaways from this inspiring conversation; (1) While we are not equally talented/gifted, it is our duty (not an option) to make the most of what you have given. (2) Don't stigmatise failure, accept that it happens and start on a clean slate. (3) The power of Generosity and kindness are generally underestimated in life. (4) Your biggest leverage is your reputation.

[@urayo1]

Great interview!!! I feel this one has put fire in My behind to go ahead and take a chance and exploit the possibilities and talents given to me. Thank you !!

[@nataliac888]

Great podcast. Thank you both.

[@adamhale7594]

So interesting. Book purchased!

[@p.z.970]

Loved it! Thank you! :)

[@davecandelaria8672]

What a great one! So excited about it!

[@joycoso1453]

Thank you for sharing the parable of talents in the bible and its in Matthew 25:14-30. This was all I needed to hear today. Thank you very much! I will be buying the book myself as I'm interested in Finance. Finance fascinated me, I just started learning Corporate Finance.

[@ify105]

Buying the book now!

[@nguyenpham3066]

Thank you for the podcast. It is very amazing!!!

[@sngs9565]

Buying this book for sure! Skill vs Luck....well said! Thank you, Professor! Nice, Lewis!

[@lewishowes]

Appreciate you for listening. 🧡

[@Pakevin289]

Great insights shared on life, finance and spirituality by @Mihir Desai and thanks to @Lewis Howes for bringing him and other great minds to the School of Greatness. On the story of the talent he mentioned, the second was given 2 talents not 3 and that story do not only symbolises finance and gifts; it is also a foreshadow of what Heaven and Hell looks like, when you read it 'meditatively'. Great referencing and relational storytelling

[@rosecrelliviolin]

Absolutely loved this interview! Thanks so much for asking great questions, and hosting such a great guest!

[@WoahBeyney]

Great podcast with a finance professor!!!!

[@railzip]

Perfect timing, my next MBA class is Finance

[@dannymuna]

Same here. Lol!

[@scoobyd05]

Amazing interview...lots of jems

[@gladysdaka9522]

Thank you, great lessons

[@ravimathai]

simple things explained so simply.. humbling to come from Harvard prof..Thank you Mihir and Lewis..

[@lewishowes]

You're welcome, thank you for watching🧡

[@alizamun1]

Dude ur the best interviewer ever. This was entertaining and educational at the same time

[@amberdaer7776]

This video, like many of your others, has really resonated with me. It has simplified what previously seemed intimidating and difficult to understand: money management and its very basics.

[@DarleneSterling]

Shed some light on some really great topics. When I was younger, I heard the story of the talents. I literally have heard it MANY times in church and never heard it spoken as money. I enjoyed it.

[@zahidul999]

Amazing discussion.

[@prachisawant630]

Wow Amazing personality. Positive attitude ,empathy ,hardwork ,humility and skill this not just about finance, but qualities required to be successful person in life.. Enjoyed watching the video.

[@huynguyenhodinh8709]

AMAZING !!!

[@capitalconcept6848]

"Leverage on reputation". That's a great insight.

[@TheZGALa]

Those are some of the most beautiful, graceful hands I have ever seen. I am enchanted. And inspired. Thanks for another great talk, Lewis! Keep 'em coming! "All you need is love." ;)

[@TheZGALa]

Awesomesauce!!!

[@boringmanager9559]

amazing questions were asked, actually!

[@boringmanager9559]

Lewis Howes and the advice to start exercising the options came at the right time of my life. Such a simple and yet powerful idea

[@candimarie]

I love this video. Looking forward to reading your book Mihir! Thank you both!

[@lewishowes]

You're welcome🧡

[@jermaineboldian9042]

Very inspiring

[@Aprilforevergreen]

Thanks for being real about Buffet

[@tyzxcj34]

Awesome thanks for sharing

[@marielbatista2661]

This was one of the best guests you've had in your podcast (personally)...Loved all the information. Keep up bringing spectacular individuals to share their wisdom with the rest of us!!!!

[@ikbenmarko]

I think this guest was genius too and so well spoken

[@mgmodp8966]

indeed

[@JoshIgoe]

Awesome podcast

[@srinivasansukumaran2479]

This discussion was like one of those great movies you see once a while. You get so absorbed in it that you don't know how time flew by till its over. Then you reflect on what you heard after it was all over.

[@donndelfin1312]

one of the best interviews i have watched very interesting person. practical and informative.

[@alexandermeyer6821]

Very good interview with 2 very professionnal guys. Great content and infos. Thanks!

[@amazjunelee]

One of the most important hidden gems of this channel 👏🏼♥️🙌🏼🙏🏼

[@itsjustaride12]

I enjoyed this one a lot. Tremendous value. The guy is very likable

[@sn4aaa]

Lewis, I can't thank you enough. Please do bring in more people from the educated elite (eg Harvard etc). They have a lot of knowledge to share . Many thanks again Lewis 👊

[@ruthgilissen]

he is very humble. thanks for the podcast!

[@nicolemccracken4965]

One of the most important guests with the most valuable information/perspectives/stories to share. Why is it so short?

[@RaviVazirani]

Fantastic!

[@dasvwill]

Awesome podcast.

[@lahiru_sandeepa]

Very good conversation!

[@muncheasy]

Could listen to Mihir all day. His voice is so soothing

[@rvadivukarasi007]

Yes, 😍

[@justinprince5109]

Thank you for sharing this.

[@lewishowes]

You're welcome, thank you for being here 🧡

[@alfredoroach8782]

An uplifting and insightful interview. One that I'll cherish and discuss with my children. Well done!

[@lewishowes]

Thank you so much for your feedback 🙂

[@thembakhumalo3113]

Just listened to greatest stuff on earth👏🏿👏🏿👏🏿👏🏿👏🏿👏🏿

[@lewishowes]

Appreciate you and your support🧡

[@copywritersblock]

This is the first video of yours I felt interested to listen to. Excellent guest.

[@Lapidary1618]

Really enjoyed this one! And you just got a new subscriber. :)

[@tayalpankajk]

The story on bankruptcy is fascinating !

[@balloonsbillions]

That really great sharing and very great idea 💡 supper , nice to list to you❤️❤️❤️

[@ShannanThomasTrucking]

Shared out ! Still great advice!

[@rajabonthu153]

Great content.

[@myrajuju02]

yes, please on the kids book version!!

[@CBLifeHacks]

Great stuff

[@anthonyv5149]

Amazing

[@GrowbyJoe]

Thank you for sharing your thoughts.

[@lewishowes]

You're welcome,thank you for being here 🧡

[@cholkgkh4284]

Amazing professor👨‍🏫

[@adamkiefel79]

Another great interview

[@lotusdedart]

Im sure so many people skipped over this and it's a shame, stay woke. This interview was amazing. Thanks Lewis! I'll be supporting this man by following him and buying his book.

[@ishtiaquehossain6350]

Incredibly talented guy and great communicator!

[@lewishowes]

Thank you so much for your kind words ❤️

[@joudahmed789]

Amazing.

[@m.hmokhtar2822]

brilliant