[English]
Hello everyone,
Welcome back to MoneyXYZ, my name is Ray.
From the first time I came into contact with podcasts in 2007 to
now, a total of 14 years,
I listen to podcasts for at least 30 minutes every day.
It is no exaggeration to say that
listening to podcasts for a long time has changed my life,
turning me from an ordinary non-English major student
into a TOEFL and IELTS teacher,
then studying abroad, working,
starting a business, investing,
until now when I established this channel.
Listening to English Podcasts is like reading a book.
It has become the most important way for me to acquire knowledge and
understand the world.
In this video,
I want to tell everyone
how podcasts changed my life,
why you should also develop the habit of listening to podcasts.
At the same time,
I will not only recommend some of my favorite
knowledge, investment, and story podcast programs,
I will also choose to tell you which episode to listen to to get a better introduction.
I added a timestamp to the video,
You can watch the corresponding content according to your interests.
Okay, let's start now.
I believe that by now
most people have heard of the concept of podcasts.
In the Podcast software on Apple phones,
Spotify,
and these software on the screen
everyone can listen to this audio program for free.
Then my main focus here is English Podcasts.
Many viewers may feel
that their English is not good and
dare not listen to pure English programs.
Here I want to tell you,
When I first started listening,
I could only understand ⅓ at most,
but after persisting for a few months
I suddenly found one day that
I could understand most of the content.
So if I can do it, you can too.
Listening to English Podcasts
has three important functions for me:
First, it is a "shortcut" to learning English;
If you think about it carefully,
the earliest way for each of us to learn our mother tongue is through listening,
rather than reading.
Before we learned words,
we spent nearly 5,000 to 10,000 hours,
basically mastering our mother tongue mainly by listening with our ears.
Although when learning a second language
our brains have undergone important changes from when we were young,
the challenge will be greater,
but "listening" should be the primary way for us to learn a foreign language.
My first exposure to podcasts was entirely by accident.
In 2007, Apple launched ITunes U,
a free public course service.
Just download the iTunes software
and you can see courses from famous universities around the world.
After I downloaded this software,
I found something called Podcast.
I was curious and gave it a try.
Then I discovered a new world for learning English.
The program I listened to the most
at that time was a program called This American Life.
Its production level and story-telling are so high,
It can be said to be the originator of podcasts
and has been the ceiling for a long time,
I will elaborate on it later when I recommend it.
Because it is a public radio program,
you can find transcripts of many programs.
Therefore, I mainly listened with my ears.
After listening to it a few times,
I would read the transcript to compare what I didn’t understand.
There is an interesting phenomenon here,
that is through the transcript
I found the part that I didn't understand
In fact, I know most of the words,
it's just that I didn't hear them.
This actually reflects a characteristic of our English learning.
Many of us first learn English through words,
but we may only remember its appearance,
but its sound and context
have not really formed an impression in our minds.
So obviously we have memorized many words,
but we just can't hear them.
Therefore, through constant listening,
we can make the sounds and meanings of these words
reappear repeatedly in different contexts,
so that we can truly master this vocabulary and its usage,
we will be able to understand it naturally in the future,
and the words will be truly remembered.
In fact, most of the time it doesn’t matter how big our vocabulary is.
If we can hear all the words we know,
We can basically understand what they are saying.
I was really crazy about listening to podcasts.
I put on my headphones when I get up at 5 o'clock in the morning every day.
Except for class,
I listen to the music with my headphones during all the rest of the time, whether it is eating,
going to the toilet, taking the bus, doing hygiene, or doing laundry
.
I fall asleep every night with my headphones on and the program on.
After half a year of experience, one day I suddenly discovered that
I could understand the content of the program again and again.
With the help of Podcast,
my English level improved by leaps and bounds.
After graduating from university, I became a TOEFL and IELTS training teacher.
In my three-year English teaching career,
I have gradually formed a point of view that is different from the so-called mainstream.
Many people say that Chinese people are mute in English,
they can only read but cannot speak or write.
Therefore, special emphasis is placed on the importance of speaking and pronunciation.
However, I think,
For the vast majority of people who do not live in an English-speaking environment,
listening and reading are the most important,
skills with the highest return on investment.
Because if you don't live in an English-speaking environment,
you have very few opportunities to speak and write,
but if you have super listening and reading skills,
you will open the door to a new world,
and be able to acquire some cutting-edge knowledge that cannot be obtained in your native language.
Even if you live in an English-speaking country
Listening and reading should actually be the first skills you master.
Because they are input,
while speaking and writing are output.
Only when you input enough,
can you output more easily;
Therefore,
I strongly recommend
people who want to improve their English to listen to Podcasts.
The second benefit of listening to podcasts
can be summed up in an English word called "serendipity",
the Chinese translation is called "unexpected discovery and surprise".
It means that you accidentally obtained some valuable information,
ideas, inspiration and discoveries.
But these discoveries are not your original purpose.
For example,
You were originally listening to a podcast about investment,
but the host mentioned a psychological phenomenon and book
that resonated very much with you.
Then you find the book and its author,
and then do a lot of research
and discover new knowledge or tools.
In other words,
when we listen to a podcast,
in addition to the knowledge of the topic it focuses on,
we can always have some happy accidents,
allowing us to fall into new rabbit holes one after another,
expanding our knowledge,
connecting them into a network,
ultimately used by me.
I suggest that everyone should read widely when choosing podcasts.
Maybe at some unexpected moment
you will discover information that changes your destiny.
At this time, you may say,
A podcast program can take as little as ten minutes,
as long as one hour,
Where do I have so much time?
Then this involves the third benefit of listening to podcasts,
that is to turn waste time into treasure,
greatly increasing the time for learning and acquiring knowledge.
The fragmented time that each of us usually wastes
is actually far greater than we imagine.
When we are making coffee and tea, cooking,
taking a bus, shopping, queuing to check out, driving,
walking, eating, doing hygiene, and going to the toilet,
we are all wasting time.
The way most people in today's society
fill their garbage time is to browse their phones and listen to music.
But if you spend all this time listening to podcasts,
then you will have a lot more time
to acquire useful knowledge than others every day.
Compared with reading and YouTube videos,
Podcasts as audio
are easier for us to absorb anytime and anywhere.
All you have to do is wear headphones,
it won't affect what you do in your garbage time.
I once said in a video about consumerism that
I can save money by making coffee at home.
Many viewers commented under the video and said
"Wouldn't it be better to save the time to study investment?
How much opportunity cost are you wasting?"
What I want to say is,
I wear headphones when making coffee
and listen to podcasts to gain knowledge.
And I hope that you are driving and parking outside, queuing up to buy coffee, check out and find a seat,
and spend more money and time than me while listening to podcasts,
instead of scrolling through Douyin.
If we make use of these so-called garbage time every day,
then accumulating this knowledge over time will bring you unexpected compound interest.
Before you know it,
you have surpassed many people.
So,
pay attention next time when you go to the supermarket to buy groceries and check out,
If you see a person wearing headphones,
not looking down at his phone,
with a thoughtful expression,
eyes darting around,
occasionally letting out a knowing smile or nodding from time to time,
then this person is most likely listening to a podcast.
At this time,
he had already opened a gap with the people next to him who were waiting impatiently
and scrolling through their mobile phones.
We are also queuing up to buy groceries,
but the worlds we live in are completely different.
I hope,
that everyone in front of the screen will be the one who looks up and listens to the podcast.
Ok These are the three major benefits of podcasting that changed my life.
Now I will recommend some programs that I often listen to.
Since this is a financial channel,
let’s start with financial podcasts.
The first financial podcast,
Planet Money
This is also a program I have listened to for more than ten years.
It is a pan-financial popular science program.
The production level is very high.
This program can always use relaxed and simple stories,
language and sophisticated production
to explain complex financial knowledge and phenomena clearly.
has always been my learning object for making YouTube programs.
In order to help everyone get started,
I recommend a few episodes that impressed me deeply.
The first one is episode 216,
The 2010 show is called
How Four Drinking Buddies Saved Brazil,
It tells the story of four people who drank together
to help Brazil overcome hyperinflation.
It's very exciting and interesting.
I won't spoil it here.
All the links to the podcasts I recommend
I have put them in the video comment area.
The second one is that they produced a series in 2013,
called Planet Money Makes A T-shirt,
from episode 496 to episode 502.
The story is about the program team making a T-shirt by themselves,
and then tracking the T-shirt from the production of cotton and cotton thread,
to factory production,
global logistics,
until the T-shirt is finally used as second-hand clothes
and sold to Africa.
Each episode is full of interesting knowledge,
and even touching stories.
This series has also been made into a small video documentary.
Here I would like to introduce
Alex Blumberg, the founder and producer of Planet Money.
He is a very powerful person,
The production level is super high,
He was also the co-producer of my favorite
This American Life.
Later, he left NPR to create a podcast media company,
Gimlet, which produced a large number of excellent podcasts.
Later Gimlet was successfully acquired by Spotify,
specializing in producing original podcasts on Spotify.
Interestingly,
Alex Bloomburg
produced a podcast documentary when he started his own business,
called Startup,
which recorded the whole process from when he first started looking for angel investments, to
when the company encountered problems and challenges as it grew and grew,
when the partners were at odds and was finally acquired by Spotify.
I highly recommend everyone to listen to this series.
The production is excellent,
the knowledge inside is rich,
the story is real and attractive,
you will fall in love with it as soon as you listen to it.
In addition to this series,
other programs produced by Gimlet are also very good,
For example, I listen to Sience VS,
Reply All, Crime Town,
and Homecoming.
I won’t introduce them one by one here.
Anyone who is interested can try it out.
Oh, by the way,
Planet Money also has a sister program
called The indicator,
which is mainly about connecting with reality,
telling various indicator signals in the economy,
which is also worth listening to.
OK, the second financial podcast I recommend, Freaknomics
This is also a blog I have listened to for many years,
It mainly talks about economic phenomena and knowledge that have been ignored.
its host Stephen J. Dubner
I once wrote a best-selling book on economics with someone else.
The name is the same as this podcast.
It's called Freaknomics.
The Chinese translation is called "Weird Economics" or "Freakonomics".
The production level of the program is very high,
but the language is very relaxed and simple.
I recommend everyone to listen to
a three-part program about cryptocurrency in the past few months,
Episodes 508, 509 and 510.
The third financial podcast, ChooseFI.
This podcast is about the FIRE movement for financial freedom.
Each program has a topic related to financial freedom,
and then invites some guests to share their stories and experiences.
There are many celebrities among the guests
For example, Mr. Mustache,
who is famous in the Fire community, and James Clear,
who writes Atomic Habits. There are also many ordinary people who have achieved financial freedom or are on the road to financial freedom.
I often get some new insights from this show.
I won’t specifically recommend the number of episodes here.
You can choose the topics you are interested in and listen to.
The podcast I often listen to that is similar to ChooseFI
is Mad Fientist.
He is also considered a veteran in the FIRE community.
He was also one of the first people who introduced me to FIRE.
He often shares
some of his changes and insights after becoming financially free in the program.
Well worth a listen.
The next three are podcasts that I occasionally listen to,
but due to time constraints
I won’t introduce them in detail here.
Invested, is about value investing.
The hosts are a father and daughter,
both are best-selling authors.
The quality of their early programs was relatively good;
Macro Voice, which talks about macroeconomics and investment markets.
The last one is the All-in podcast that you may have heard of.
The four hosts are all celebrities in Wall Street and angel investment circles.
Chamath inside
Everyone has become familiar with him in recent years,
His reputation is not very good now.
Another host, Jason Calacanis
wrote a well-received book on angel investing in 2017,
called Angel, which I am reading now.
The significance of this program to us ordinary people
is that it helps us open a window into Wall Street and the investment world,
allowing us to see how people here view current investments and current affairs,
knowing some knowledge that ordinary people cannot have access to.
These people often quarrel with each other on the show to refute each other's opinions.
This is very helpful for us ordinary people to understand
how the so-called great people think and form our own independent thinking.
OK, the next category of podcasts I want to recommend is knowledge and story blogs.
The first one recommended is my favorite: This American Life.
This is
the #1 podcast in the US Podcast rankings for a long time.
It started airing in the 1990s,
and was officially renamed This American Life in 1996.
So far, a total of nearly 800 episodes have been produced.
Each episode will have a theme,
It will start with an interesting little story,
Then there will be 4 wonderful stories around the theme,
They are called acts,
At the end they will splice recordings of the characters in the show to tease the producer
The production of the show is super sophisticated,
The soundtrack is very particular,
The way of storytelling is also very attractive,
It has won many awards,
For example, Episode 688 The Out Crowd
was the first audio program to win the Pulitzer Prize in history.
The host of the show, Ira Glass, is my idol.
He is very influential among content creators.
This program has cultivated a large number of podcast talents,
and influenced the production of many podcasts.
In addition to Alex Bloomberg, who founded Planet Money
and Gimlet Media;
and the producer of a crime documentary podcast that later became popular,
SerialSarah Koenig
also served as a producer at This American Life.
Listening to the works of these people is a pleasure for the ears.
Here I recommend that you listen to an episode related to us Chinese first,
Episode 585, In Defense of Ignorance.
The first Act tells the story of a large overseas Chinese family.
They live in the United States and Japan respectively.
The protagonist's grandmother was diagnosed with cancer in Northeast China.
But the family didn't want the old lady to know.
They were afraid of scaring her, so they lied to her and said it was a common disease.
But the whole family wanted to seize the last chance to return to China to see the old lady,
so they decided to make up a lie,
saying that her grandson in Japan and his Japanese girlfriend were going back to China for a wedding.
Then everyone took this opportunity
to return home to see the old lady for the last time.
I won’t spoil any more details.
This story was later made into a movie,
called The Farewell,
and it was also pretty good.
Highly recommended,
You will find a lot of resonance.
OK, story knowledge podcast second recommendation:
The Revisionist History,
The host is
the famous Malcolm Gladwell, who has written many non-fiction best-selling books.
I think his podcast production level is as high as the books he writes,
can always make you understand the truth from the story that you have never thought about.
I recommend everyone to listen to it from the first season,
especially Carlos Doesn’t remember,
which tells the story of success, poverty, education and fairness.
Revisionist History
is a program under
Pushkin, a podcast media company created by Malcome Galdwell.
Pushkin's other programs are also worth listening to.
For example, Hot Money,
which I am listening to recently, tells the story of the capital behind the porn industry, which is very exciting.
The third recommendation of the story knowledge program: Hidden Brian
This is a program about psychology.
Each issue has a topic,
and relevant psychologists or authors will be invited to share.
The overall production of the program is particularly high,
unlike ordinary interview programs that
make people lose interest.
I personally benefited a lot from this program.
Here I recommend everyone to listen to
their small series on personal finance,
money 2.0 to get involved.
OK, the above is an introduction to some podcasts that I often listen to.
Each of us has limited time,
and it is impossible to listen to all the programs.
Podcast is a treasure,
each of us needs to continue to explore,
find the program we like.
I hope my video today can help you realize the value of podcasts,
develop the habit of listening to podcasts to continuously improve yourself,
create compound interest in knowledge for yourself.
If you have your favorite podcasts that you want to share with everyone,
you are welcome to recommend them in the message area.
Okay, thank you all for watching this video,
See you next time!