Preston Pysh is an investor and content creator who shares his insights on the economy, and bitcoin. Pysh is also an author, podcast host, and CEO of The Pylon Holding Company. He’s most known for being a bitcoin advocate and The Investor’s Podcast. At the moment, Preston Pysh has an estimated net worth of $4 million. This estimate is based on income from media, publishing, and investment activity.
Background
Preston Pysh is from Pennsylvania and before becoming an entrepreneur, he had a stint in the army. He went to the US Military Academy at West Point and got a degree in Aerospace Engineering in 2003.
There, he was honored with a bronze star in combat as the commander of the 101st Airborne Division. From 2003 to 2004, Pysh attended the Army Aviation Flight School. After his service, he was interested in investing and growing his wealth. Preston later got an MBA from John Hopkins University in 2018.
Business Career
Pysh was obsessed with investing and Warren Buffet. In 2010, he started The Pylon Holding Company to manages his portfolio.
It began as a media company during a difficult economic period. The first year was successful, and Preston’s company acquired private and public businesses. Under The Pylon Holding Company owns Pylon Publishing. Through it, Pysh published several books and is an international best selling author.
His first book ‘The Diary of a West Point Cadet’, was published in 2010. Two years later, he wrote ‘Warren Buffett’s Three Favorite Books’ and the third book was titled ‘Warren Buffett Accounting Book’, a top-selling book on Amazon.
Online Career
In 2013, Preston Pysh met Stig Brodersen and they soon became business partners. The guys launched the Investor’s Podcast (TIP) Network and a website, covering business and investment advice.
TIP operates several podcasts including The Good Life, Real Estate 101, Bitcoin Fundamentals, Silicon Valley, Millennial Investing, and We Study Billionaires. The podcasts are available on their website, Apple Podcasts and Spotify. The We Study Billionaires podcast network has surpassed 100 million downloads, making it one of the most listened-to investing podcasts globally.
Bitcoin
Pysh first heard about bitcoin in 2015. Given his engineering background, he quickly understood its potential as a digital gold. He purchased bitcoin at $220, so he’s made a huge return on his money.
Preston hasn’t revealed publicly how much bitcoin he owns, but he should own at least a million dollars worth of BTC. With Bitcoin’s pullback in 2022, Preston portfolio took a big hit but has made a full recovery. Since May 2022, he’s been a General Partner at Ego Death Capital, a Bitcoin only venture capital fund.
Key Aspects of Preston Pysh’s Bitcoin Stance:
- Self-Custody: He strongly advocates for individuals holding their own Bitcoin to safeguard against potential government seizure or errors in institutional custody.
- Bitcoin as Fair Money: Pysh views Bitcoin as a superior, energy-backed asset with a fixed supply, offering an alternative to unstable fiat currencies.
- Treasury Strategy: He analyzes how companies like MicroStrategy use preferred stock and convertible debt to acquire massive amounts of Bitcoin, creating “BTC accumulators” on their balance sheets.
- Investment Strategy: Pysh is a strong proponent of the Dollar Cost Averaging strategy for accumulating Bitcoin, emphasizing that trying to time the market or predict price movements is fruitless.
Net Worth and Earnings
The entrepreneur’s YouTube channel earns an estimated $5,000 in ad revenue every month. He’s done sponsorship deals with brands such as Fiverr and Kraken. TIP’s website also has an academy section that offers both paid and free learning materials.
TIP Finance is the umbrella for a range of financial solutions. Aside from running a company, Preston Pysh is a shrewd investor and entrepreneur. In addition, he earns income from book sales, a small factor in his $4 million net worth.
Persona Life
Preston is based in Greater Pittsburgh and lives there with his wife Demi and children. Currently, they are raising two young kids (Tyler and Claire). Outside of Bitcoin, he enjoys golfing, playing tennis and camping.
