30min chapter

Capital Allocators – Inside the Institutional Investment Industry cover image

Josh Brown – When Witchcraft Failed (Capital Allocators, EP.06)

Capital Allocators – Inside the Institutional Investment Industry

CHAPTER

Lessons from Terrible Times in the Investment Industry

This chapter discusses the three worst lessons learned in the investment industry, including the ease of selling what's currently successful, the limitations of regulation in eliminating fear and greed, and the importance of understanding human nature. It highlights the adaptability of individuals in the financial industry and their ability to sell whatever product is in demand.

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