The S&P is a very very bad index because it's overweight the overvalued companies. In equities it's the only instrument that gives you unlimited upside no other financial instrument not commodities bonds none of those give you unlimited upside so that's the first place to be and just be in the damn thing I think the discipline will pay off.
For show notes and more information, visit www.investedpodcast.com This week on our from the vault episode, we wrap up our review of value investing basics with Hedge Fund manager and author of Education of a Value Investor, Guy Spier. We’ll ask Guy who he looks to for inspiration and discuss the fear that can accompany buying stock.
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