101: Siam Kidd – Latching Onto Trends, Strategic Business Moves, and Breaking the Norm
Chat With Traders
00:00
The Importance of Capital in Trading
Trading will categorically not make you rich anytime soon if you don't have any capital to begin with. Most of the billionaires out there have not got rich through gambling or trading, whatever it's,. It's by setting up running, growing and then selling the business. And so no one really ever got rich through compounding interest. That's sort of this marketing myth that they go, I'll make 10% here and in 40 years you'll be rich. Well, who wants to be rich in 40 years when you can't do anything?
Transcript
Play full episode
