Cate wotis, you also talk a lot about risk in your book. What types of investors are maybe able to handle taking on more risk? We often talk about reward in the stock market, that is, how much we make. I think it's just about investing, continuing to invest, and not trying to get out of the market or time the market. If you cannot sleep at night, this is an old canicliche: It may not be tha you have too much risk. You probly just thinkin about risk wrong.
IN THIS EPISODE, YOU’LL LEARN:
05:03 - How we can avoid using our emotions to make investments in the stock market.
09:08 - How to think about risk in your portfolio.
11:29 - What the disposition effect is and why you might want to think twice before selling your winners.
25:39 - Some of Scott’s biggest lessons from the rise and fall of the 1999 Tech Bubble.
30:45 - What biases investors should be most aware of.
30:45 - How recency bias leads investors to overpay for a company.
32:21 - How we as investors can act rationally during a financial crisis.
43:10 - Scott’s recommendation for how to invest in today’s market.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
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