3min chapter

Stansberry Investor Hour cover image

Biggest Investing Mistakes & Why Stocks are Overpriced with Simon Hallett

Stansberry Investor Hour

CHAPTER

The Importance of Being Humble About Your Ability to Forecast

Being humble really gets you all the way to thinking about a forecasting. And i've always said that we're very, very bad thinking in probalistic terms. It's probably 65 % likely that one's cain t happen, and 35 % the other. We need to go out and think about our own behaviour. That means, tha, le are ouar buying, buying high and selling low. The lowest hanging fruit in the investment world isn't a partila astet class, or a particular security, but controlling your own behaviour.

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