Afford Anything cover image

The Psychology of Money, with Morgan Housel

Afford Anything

00:00

The Fear of High Valuation in the Market

Bubbles are not result of high valuation, but the result of shortened time lines. People play very different games in the stock market - there are day traders and high frequency traders. We're all playing very different games even if we're investing on the same field. One place that this shows a lot is if you're watching cmnt or bloomburg financial tv,. they'll have a gueston who says something like buy netfloridian stocks... i'm speaking hypothetically here. Buying netflick might be great advice for the day trader and hsaws long term investor. Let's leave it up to us what our own investment decisions should be.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app