Admit ignorance and ask simple questions

Sharran urges investors to stop pretending to know everything and to ask many simple questions.

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If you think investing is just about picking the right deals, think again. The biggest losses don’t come from bad investments–they come from avoidable mistakes. In this episode, Sharran reveals the four traps that new investors often fall into and the simple decision frameworks that protect your money, confidence, and future wealth.

He breaks down why embarrassment is expensive, how peer pressure can destroy portfolios, why the wrong operator can cost you everything, and how FOMO can lead smart people into making poor decisions. A lot of people don’t fail because the market beat them–they fail because they allow emotions and ego to get in the way.

Get ready to learn how to think like a disciplined investor and make smarter moves from day one. Listen in to upgrade your investing mindset and avoid the painful lessons most people learn the hard way.

“You don’t get rich by investing–that's a myth. You get wealthy by learning to become a good investor.”

- Sharran Srivatsaa

Timestamps:

01:41 - The real danger of your first few investments

03:06 - Mistake #1: Hiding your ignorance instead of asking questions

05:32 - How investing in groups sharpens your discipline

06:24 - Mistake #2: Peer-pressure investing & the script that saves you

09:45 - How to reject deals without burning relationships

10:50 - Mistake #3: Trusting operators blindly

11:31 - Why good operators matter more than good ideas

13:57 - Mistake #4: FOMO & chasing trends

15:12 - Evaluate every deal against your next financial goal