There's such a freedom in thinking, all right, how long would it take me to make this money back just by saving, just by keeping my job. You're risking time almost instead of money. And I think maybe rule number two might have to be and make sure you pick an investment that has a large upside. These events that make an emotional, make Mr Market feel very depressed about certain industry.
Phil and Danielle discuss Mohnish Pabrai's book "The Dhandho Investor" and how a person can invest even if they don't have a lot of money to start with. For show notes and more information visit www.ruleonepodcast.com
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