For me, it was amazon. I looked at amazon and said, this is way too expensive. And for that reason, i never really have owned a significant portion of amazon. It's actually extremely exciting when a company goes from the maturity stage to the hypergrowth stage or even back into the launch age. In recent memory, the company that did this best was net flick. They basically abandoned their old business model to in sake of their new one. So it is possible to go back and forth between these stages it's just very rare.
IN THIS EPISODE, YOU’LL LEARN:
02:41 - What is financial wellness?
08:41 - If he thinks investors can beat the market.
39:45 - How one should approach bull and bear markets.
44:10 - How you can identify companies that will become great in the future.
48:01 - Why Brian believes that markets aren't perfectly efficient.
50:42 - When should someone sell a stock.
58:39 - Tesla's competitive advantage, and how to apply these qualitative factors to other businesses.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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