5min chapter

Money For the Rest of Us cover image

How To Invest Based on Cycles

Money For the Rest of Us

CHAPTER

I Believe I Have Investment Skill

I believe i have investment skill. I do not have the skill to identify securities that are miss price in terms of the market price relative to the intrinsic value. The exception would be closed in funds. Postan funds are like mutual funds, they trade on an exchange. They're primarily owned by individual investors. These individuals panic, particularly during times of fear. And the net acid value, the intrinsic value, you can see as plan a day, it differs from the market price. But still, there's an element of luck. That's what happens when, even though you have reasonable assumptions that things just don't go or way that things don't happen as they're expected to happen.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode