How Your Relationship With Money Influences Your Investing Decisions

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episode number ten, how your relationship with money influences your investing decisions and strategy. I'm trying to just stay away from the things that really indicate frothy behavior. If a company doesn't have any sales and they're valued at over a billion dollars, i'm probably not putting my money there. And what about crypto? For you, igoing to keep buying these dips? No, i think what was important for me was to think about the percentage of my portfolio that i wanted to be in crypto.

At a time where several asset classes are at all-time highs, there's a lot of talk about whether we're in a bubble. That, coupled with crypto assets falling to ~half of their highs, prompted Cal and Steph to dive in to try to answer this question.

In this episode, they discuss the markings of past bubbles, the innovation hype cycle, the difficulty in profiting from nascent innovations, the importance of educating yourself and building your own conviction behind your decisions, managing your psychology (offense vs defense), the cyclical nature of market cycles, and of course... the burning question of whether they think we're in a bubble today.

They also share how they've fared in crypto and how they're thinking about investing moving forward (including Cal's foray into de-fi)

Recommended resources include the books "The Simple Path to Wealth" and "A Random Walk Down Wallstreet", as well as economic indicators like the Shiller PE ratio: https://www.multpl.com/shiller-pe

*** NOT FINANCIAL ADVICE *** :)