Play listeners are goin t ie, going to wish we had done this in january, since we're now in in a bear market. The secret of making money in the stock market is to not get scared out of it. Continue to invest. Don't stop investing. Investing is the only thing i can think of, the only human realm where we're unhappy when we're getting a discount. Well, if you have a long term, a reasonably on time horize ten years, then you you would rather pay 20 % less to day than you did at the start of the year.
IN THIS EPISODE, YOU’LL LEARN:
05:03 - How we can avoid using our emotions to make investments in the stock market.
09:08 - How to think about risk in your portfolio.
11:29 - What the disposition effect is and why you might want to think twice before selling your winners.
25:39 - Some of Scott’s biggest lessons from the rise and fall of the 1999 Tech Bubble.
30:45 - What biases investors should be most aware of.
30:45 - How recency bias leads investors to overpay for a company.
32:21 - How we as investors can act rationally during a financial crisis.
43:10 - Scott’s recommendation for how to invest in today’s market.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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