Risk, Reward, and the Psychology of Young Investors

This chapter delves into the psychology of risk-taking among young investors, particularly influenced by the YOLO investing trend. It examines how the gambling mentality and platforms like Robinhood contribute to a culture of seeking high-risk, high-reward opportunities.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

On today’s episode, Trey Lockerbie sits down with bestselling author, Ben Mezrich to discuss his new book The Antisocial Network, which covers the sage of Gamestop, Robinhood, Reddit and Retail traders. It’s a tale of irony, humor, high stakes, billionaires, and Ben is the perfect guest to cover such an entertaining story.

IN THIS EPISODE, YOU'LL LEARN

(01:11) Ben’s framework for approaching a new book.
(18:43) The power of mindset.
(41:19) The ramifications of meme stocks for Wall Street and a whole lot more.

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Ben Mezrich’s new book The Antisocial Network.
Ben Mezrich’s book Bitcoin Billionaires.
Ben Mezrich’s book The Accidental Billionaires.
Trey Lockerbie Twitter.

NEW TO THE SHOW?

Check out our We Study Billionaires Starter Packs.
Browse through all our episodes (complete with transcripts) here.
Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
Enjoy exclusive perks from our favorite Apps and Services.
Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

River
Toyota
Range Rover
Vacasa
AT&T
The Bitcoin Way
USPS
American Express
Onramp
Found
SimpleMining
Public
Shopify

HELP US OUT!

Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app

Home Top podcasts Popular guests