Podcast Summary: Earn Your Leisure

Episode: 4 Stocks That Are Actually WAR-PROOF
Date: March 14, 2026
Hosts: Rashad Bilal & Troy Millings
Network: iHeartPodcasts

Main Theme Overview

In this episode, the hosts and their panel dissect investment strategies during international conflict—specifically focusing on the 2026 US-Iran war. Using concrete examples and accessible explanations, they address urgent listener questions about protecting portfolios in turbulent times and identify sectors and specific stocks they consider "war-proof." The discussion explores the intersection of politics, economics, and moral considerations relating to profiting during war, offering actionable advice for retail investors.

Key Discussion Points & Insights

1. War and Portfolio Impact (03:01–04:53)

• The core question: “What are three ways to get rich during this war with Iran?” is dissected.
• Financial Analyst:
  • Skeptical about getting rich unless you’re government insiders:

    “I don't think the war is going to last enough for anybody that's not inside...to get rich from it.” (03:08)

  • Advocates tech exposure, oil giants (Exxon Mobil), and index funds for those invested in the market.
  • Emphasizes building “war-proof” portfolios, designed to withstand:

    “any assassination attempts or completions, any war, any famine, any pandemics...” (03:23)

2. Naming the Four “War-Proof” Stocks (04:25–04:53)

• Financial Analyst:

  “The four stocks that I think are AR proof and war proof: Costco, Walmart, Amgen, Eli Lilly. I don't care what happens in a foreign country, those four will be okay.” (04:40)

• The rationale:

  • These companies provide essentials or critical healthcare, hence, resilient regardless of geopolitical shocks.
  • Reflects the show’s practical approach:

    “Given your current configuration...will yours be fine?” (04:51)

3. Sectors and Index Investing (04:53–05:40)

• Investment Advisor:

  “If you want to break it down to ETFs then you can just take three ETFs...Technology, for sure. I think utilities and industrials...should be safe bets in this type of environment or any type of environment.” (04:54–05:19)

• Emphasizes continual demand for energy, infrastructure, and tech as reasons for sector resilience.
• States discomfort with profiting from war, but recommends practical strategies.

4. The Morality and Mechanics of War Profiteering (05:40–09:00)

• War and Economics Commentator:
  • Provocatively remarks:

    “But the whole point of a war is to get rich.” (05:40)

  • Points out that government and the ultra-wealthy historically benefit most.
• Financial Analyst and Investment Advisor:
  • Agree that war profits largely flow to well-connected insiders, not regular investors.
  • Acknowledgement of media, propaganda, and created scenarios for financial gain by elites.
• Investment Advisor:
  • Offers prosaic wisdom on realistic expectations, quoting:

    “There's a saying oatmeal is better than no meal. So, yeah, you're not...gonna be able to benefit the same way that...the government's gonna be able to benefit.” (06:56)

  • Warns about the ballooning costs of war and resulting currency devaluation.

5. Safe Havens: Gold, Bitcoin, and Currencies (07:30–09:00)

• Hosts and guests detail why gold and Bitcoin are likely to rise as the US dollar weakens:

  “Gold is going to continue to go up. Bitcoin...has to as well. It has no other option because it's an alternative to the dollar...” (08:06)

  • View gold and BTC as objective long-term hedges against systemic risk and dollar devaluation.

• Investment Advisor:

  • Argues it’s not unethical to act on transparent, objective market signals, especially since "somebody's going to make money" regardless. (09:00)

Notable Quotes & Memorable Moments

• Financial Analyst:

  “I designed [this portfolio] to outstand any assassination attempts or completions, any war, any famine, any pandemics, any 10 year droughts, any Ponzi scheme reveal, any reveal of asset erasure through circular investment, every scenario, the dinosaurs coming back, everything. Hold those.” (03:23)

  • Memorable for its humor and scope in expressing the idea of a robust investment portfolio.

• War and Economics Commentator:

  “The point of a war is to get rich. I'm saying if you start a war, you're starting a war to enrich yourself, yourselves.” (06:02)

• Investment Advisor:

  “There's a saying oatmeal is better than no meal.” (06:55)

Timestamps for Important Segments

• 03:01–03:46: Initial answers to “How to get rich during war with Iran?”
• 03:46–04:53: Four “war-proof” stocks named: Costco, Walmart, Amgen, Eli Lilly.
• 04:53–05:19: ETF and sector recommendations: tech, utilities, industrials.
• 05:40–06:30: The uncomfortable reality and morality of war profiteering.
• 06:55–09:00: Macroeconomic impact of war, gold/Bitcoin as safe havens, and managing expectations for average investors.

Tone & Style

The hosts maintain a candid, pragmatic, and conversational tone, balancing practical finance advice with pop culture wit and socioeconomic analysis. The discussion moves swiftly between specific financial recommendations and broader philosophical questions about wealth, war, and morality, making the episode both informative and thought-provoking.

Takeaways

• For most everyday investors, personal enrichment from war is limited—but portfolio protection is possible.
• The best “war-proof” investments, according to the panel: Costco, Walmart, Amgen, Eli Lilly.
• Broader safe bets: Tech, Utilities, Industrials, broad-market ETFs.
• Gold and Bitcoin are favored as hedges against a weakening US dollar during extended international conflict.
• The show stresses the importance of thoughtful, disciplined investing over speculation—especially amid global shocks.