4min chapter

Stansberry Investor Hour cover image

Biggest Investing Mistakes & Why Stocks are Overpriced with Simon Hallett

Stansberry Investor Hour

CHAPTER

Investing

i've been absolutely fascinated by this intersection of investing and medging a football team. But it's not about ownership of the club. It's really about decision making. What's common to investing and to sucker is that short ferm outcomes are the result of both luck and skill. And yet people attribute successful outcomes always to skill, and unsuccessful outcomes to bad luck. So all the behavior a biases that we see in investing condamni returns, we see very, very large in the world of socke. The sat is pretty much the same in football. If you pay the market price for your team, you will get market yoyou'll get what you pay for a century.

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