#175 - Apple’s Forgotten Founder: Ronald Wayne’s Secret to Tomorrow’s Money

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4M ago 29:15

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In this episode, we uncover a remarkable story hidden in plain sight: Ronald Wayne, the often-overlooked third co-founder of Apple. While Steve Jobs and Steve Wozniak achieved legendary status, Wayne’s name is hardly mentioned in the tech world—even though he helped draft Apple’s original partnership agreement and designed its first logo. After just twelve days, he chose to walk away from his 10% stake in Apple for a mere $800, a decision that would come to symbolize both the enormity of risk and the unpredictability of life.

I share how my son, Drew, and I stumbled upon Wayne at an afterparty during the Consumer Electronics Show (CES). This unexpected meeting led to an eye-opening conversation about everything from historical shifts in monetary policy to Wayne’s current passion for investing in silver. Drawing on Adam Smith’s Wealth of Nations, he argues that today’s fiat currencies are on shaky ground and sees silver as a tangible asset that may protect wealth when paper money loses its luster.

Throughout our chat, Wayne’s calm conviction and life experiences shine through. He exemplifies the power of informed decision-making, a willingness to pivot when necessary, and an unwavering commitment to charting one’s own course. Despite leaving behind what could have been billions, he found fulfillment in engineering pursuits and personal independence.

Tune in to hear my reflections on Wayne’s journey and the lessons we can all draw from his story. If you’re curious about his detailed thoughts on the future of money, stick around for the recorded audio of our conversation with Ronald Wayne himself. It may be a bit difficult to hear at times, but it’s worth the listen if you want to glean insights from one of Apple’s most intriguing figures.

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