The End of Recessions?, with Ben Carlson
Afford Anything
00:00
Having Pilters in Place in Your Portfolio
Some one's going to get bigger returns, maybe as a result of better processes or through sheer dumb luck. But for whatever reason, someone will always be getting better returns than you. When we see that, it's easy to have phomo, the fear of missing out. You can avoid phomo by knowing your own parimeters and having filters in place. If you're not sure what you want to invest in, then your pilter can be what you don't want to investment in. In other words, not just what type of asset, but what characteristic of asset? Why would you not invest in a thing? Answer that question, develop boundaries, parimeters around that,.
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