Interview 018 Smart Investing and Options Trading with Kirk Du Plessis


Episode Summary

Michael Quarles interviews Kirk Du Plessis, founder and fund manager at OptionsAlpha.com. Kirk is a father of two girls and he’s also an investment coach and options trader. Listen in for an insightful conversation on investment banking, the stock market, real estate investing, options trading, business lessons, and more. Kirk also shares his philosophy on investing.

Covered in This Episode

  • 00:42 – Kirk tells us a little bit about himself.
  • 03:20 – What exactly does investment banking mean?
  • 05:06 – What’s the biggest misconception about the stock market world?
  • 06:20 – Why did Kirk settle on the real estate and options markets?
  • 09:08 – What percentage is typical for an options trade?
  • 11:32 – What’s the rate of return that someone who does options trading looks for or can expect?
  • 13:18 – Kirk is always of the opinion that you invest where your knowledge is comfortable.
  • 16:03 – How have technology/algorithms affected the options trading business?
  • 17:58 – Thank you to yellowletters.com for sponsoring episode #18.
  • 18:46 – What are puts and calls?
  • 19:50 – Kirk shares his philosophy on investment.
  • 21:37 – Kirk believes leverage is fine but that too much leverage is a killer.
  • 23:40 – There’s always a long-term game and it’s just a matter of numbers.
  • 24:57 – What business lessons would Kirk like to teach his two daughters.
  • 28:33 – Michael shares his thoughts after his conversation with Kirk.

Tweetables

Links Mentioned

YellowLetters
Option Alpha
Option Alpha Twitter
Kirk Du Plessis LinkedIn
Who Moved My Cheese? By Spencer Johnson

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By | 2017-01-23T15:45:07+00:00 May 4th, 2016|0 Comments

About the Author:

Michael Quarles is an accomplished real estate broker, contractor and expert specializing in residential real estate. Michael bought his first property before age 20 and has contracted thousands of deals since then. As an active and current investor understands what it takes to be successful in today’s market. Michael is well known for YellowLetters.com, the largest marketing company for real estate investors, 1800Sell4Cash, BSFF Academy, where he teaches real estate investing, and the creator of Wholetailing. Effectively turning the industry into a hands off virtual and systemized business. Michael was at the forefront of buying real estate nationwide on a large scale. A popular podcast personality, Michael has been on or hosted over 250 podcasts. He lives in Central California with his beautiful bride, four boys, a wonderful MIL he calls mom, and a family member who is a retired Catholic priest. His life has been blessed from the love of dirt and it is his passion to create abundance and prosperity in those who desire greatness.

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