Time is the ultimate zero sum quantity. You have an amount of time, and however you allocate it cannot be re allocated. I think a lot of people are justifying their time or energy spent in markets by saying stuff like 'i really like the community' But i don't want this to be a hit piece on act of investing any capacity. It's more when it's taken to the extreme. Develop a real strategy, have a plan, show your competence,. et cetera.
The allure of getting rich quick is intoxicating.
It's even more intoxicating when you're trapped inside and it seems like all your friends have cashed in big.
In this episode, Cal and Steph discuss Cal's experience with active investing over the last 20 months and ultimately, why it's time to walk away from the casino.
If you liked this episode, make sure to subscribe and leave a review. You can also read Calvin's article on the topic here.
And if you're also stuck in the casino, don't be afraid to reach out to Cal or Steph on Twitter. We'd love to hear your story.