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REI162: The Power of Mindset w/ Jeff Higgins

The Intrinsic Value Podcast - The Investor’s Podcast Network

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How Do You Make Money in the Market?

When things are going good, I hit it. When things are going bad, I run and that's how I do with everything. It's fun, it's an obsession. Similar to poker or gambling. When I'm winning, I lean in really hard but I hate losing. Losing is painful to me. Whenever I'm losing in anything, I run away instead of trying to double down and get my loss back,. I just run. That put you ahead of a lot of investors certainly in 2022 because big losses came on the table that year and I wasn't taking any. Most other times I'm looking for longs, it's easier to make money longs and shorts.

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