2min chapter

The Investing for Beginners Podcast - Your Path to Financial Freedom cover image

IFB279: New Investor Mistakes and How to Avoid Them

The Investing for Beginners Podcast - Your Path to Financial Freedom

CHAPTER

The Grumpy Grandpa in the Room

When you don't diversify, you're basically putting all your eggs in one basket. This idea of like I can really back up the truck and put all my money into one company is something that will certainly work for Charlie Munger or Warren Buffett. That could be just as dangerous because that could lead you to reallyback up the truck into company A - it's only doing well for a very short period of time before everything turns.

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