MI235: Investing in Uncertain Times w/ Louis Gave
The Intrinsic Value Podcast - The Investor’s Podcast Network
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How to Make Money in Financial Markets
There's fundamentally three ways to make money in financial markets. You can run some time of momentum trade, buy things that are going up and ride them until they become overvalued. The third way you make money is by running some kind of carry trade with assets who always generate higher payments than whatever your cost of capital is. It's highly unusual to have assets that take all three boxes. When you do, you kind of have to back the bus.
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