11min chapter

The Investing for Beginners Podcast - Your Path to Financial Freedom cover image

Wisdom from Buffett and Munger: Brian Feroldi Talks Quality Investing

The Investing for Beginners Podcast - Your Path to Financial Freedom

CHAPTER

The Impact of Narrative on the Stock Market

The speakers discuss the importance of narrative in the stock market, using the example of Meta's stock rebound despite minimal changes in numbers. They highlight the concept of averaging up in investing and explain why they prefer adding more money to a business that is performing well. They also discuss portfolio management rules and when to stop adding capital to a holding, as well as their predictions for the market and their plans to launch financial education courses.

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