
Banana skin in the game: How to learn from your investing mistakes
Many Happy Returns
00:00
Investing in the Sandbox
I think there are a couple of things which might work. Don't go buying naked calls and they're wasting stuff. But look, in the sandbox, it's great. I think it's kind of like a liberation almost because I can do all the crazy stuff which I've always wanted to do. And it doesn't matter if I screw up and it is just learning experience and it is encapsulated. So it won't kind of destroy my retirement. Yeah, it goes wrong when it goes wrong. Another good metaphor is I used to have a friend who was really into motorbikes and to learn how far you can tip a bike over before coming off. Clearly, if you're
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