i think there needs to be a difference in discussion and education about commerce versus gambling. The amount of americans who start a all business not understanding what an income statement is, what a catualist statement is would probably have a bigger impact than stuff about investing in assets through a digitl of paper lens. And i think if you have the basic understanding of commerce, that is what can allow some of the peter lynch stuff to work. I don't necessarily think we need to teach people about how to build cross correlation matrocies and things like that. That's too abstract. So when somebody goes to physical business every day, they start a dentists office,. They start a
Dan McMurtrie is the Portfolio Manager at Tyro Partners, an asset management firm for institutions and HNWIs; and the General Partner at Anchorless Bangladesh, an early stage venture fund focused on Bangladeshi startups. Links:
Show Notes:
- Are we in the schadenfreude part of the market cycle?
- Going back to the fundamentals
- Solving the agency problem
- Taking concentrated beta risk
- Having clarity around your goals
- The behavioral risk in investing
- Do not get married to your investment thesis
- It’s always you vs. you
- Investing is about understanding other people's mistakes
- Societal costs of stablecoins being unstable
- Compatibility of social media and representative democracy
- Issues with the current US Govt. administration
- Number one existential risk for US currently
- Risks of information overload
- Improving education about commerce
- Dopamine manipulators
- Leadership vs. Stakeholder management
- America vs China for policy changes
- US legal immigration system
- And MUCH more!