The idea of memetic games and seeing when other people are succeeding and then wanting to replicate that or beat that, i find also very prevalent in the crater space. It's a bad strategy with investing. But there is still some room in my life for, say, betting on a company that will be much larger ten years from now. So it's just a percentage of my portfolio that will serve me over the long run. I'm not doing things that really perturbed me. This is a very different experience than trading in and out of things multiple times per day. And so i have this odd relationship where i'm like ssome piece of this that has nothing to do with money or
The allure of getting rich quick is intoxicating.
It's even more intoxicating when you're trapped inside and it seems like all your friends have cashed in big.
In this episode, Cal and Steph discuss Cal's experience with active investing over the last 20 months and ultimately, why it's time to walk away from the casino.
If you liked this episode, make sure to subscribe and leave a review. You can also read Calvin's article on the topic here.
And if you're also stuck in the casino, don't be afraid to reach out to Cal or Steph on Twitter. We'd love to hear your story.