107: Cody Shirk, founder of Explorer Partnership & founding partner of Explorer Equity Group

Cody attended college to play water polo, then became a firefighter who pinched pennies like mad (think: trailer, beans, and rice) to build his personal wealth. Though he has no formal training in finance, today he’s a full-time investor who heads a private social, investment, and exploration group — Explorer Partnership. He travels the world to find off-the-beaten-path opportunities in underappreciated spaces.

In today’s episode you’ll learn:

• How and why Cody became an investor
• About Explorer Partnership
• About Explorer Partnership’s recent trip to Colorado to investigate investing in the cannabis space
• About Cody’s best and worst investments
• How the fund management business is developing and changing
• The areas Cody believes are ripe for investment

The Jay Kim Show : Entrepreneurship | Investing | Startups

Cody Shirk, founder of Explorer Partnership & founding partner of Explorer Equity Group

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What was your biggest insight from this week’s episode? Let Jay know in the comments or on Twitter: @jaykimmer.

LINKS FROM TODAY’S EPISODE

• Read the full transcript from Cody’s interview
• Find Cody on Twitter and LinkedIn
• CodyShirk.com
• Explorer Partnership
• Explorer Equity Group

DETAILED SHOW NOTES

• (1:32) Cody shares his background and how he became a full-time investor
• (4:24) Jay and Cody discuss how, though their backgrounds differ from one another, they ended up in a similar place
• (6:49) Cody introduces us to Explorer Partnership
• (9:57) Cody explains membership requirements of and the business model of Explorer Partnership
• (14:27) Jay and Cody discuss how the fund management industry is changing
• (16:50) Cody shares highlights from Explorer Partnership’s trip to Colorado to investigate investment opportunities in the cannabis space
• (20:08) Cody discloses the areas in which he’s most excited about investing
• (27:09) Cody’s describes his best investment
• (28:30) Cody’s worst investment
• (30:38) Cody addresses the problem of investors overlooking the simple things
• (31:06) Jay and Cody discuss how the “normal” person can get started investing
• (36:32) The remaining trips this year for Explorer Partnership