Martha stewart is the poster child of management issues that, as an investor, shouldn't bother me. She has become this like icon of cool and of resilience and knitted her way out of jail. That's a example person. And because she did that, i think if she had kept fighting it, she would have been much more tarnished in public perception. But anyway, i don't now i'm losing my words. It's, she's who i think, sorry, this is very disjointed. I a a slomi son. I the stewart,. Like martha stewart, for him, is the architype, or architypes the wrong
Continuing their discussion on the biggest investment question mark that is Netflix, Phil and Danielle dig deeper into helping you figure out complex, and seemingly impossible to invest in companies.
While Netflix may be almost impossible to understand and wrap your head around investing in, there’s still value in looking at it through the lens of basic Rule #1 investment practices that will help you learn how to avoid confirmation bias and invest logically.
Tune in to this episode of InvestED to hear what we can learn about investing from complex companies like Netflix, and people that do choose to invest in them.
To learn more about what types of questions to ask and what you need to understand to invest with success, download Phil’s 4 Ms to Successful Investing Guide: https://bit.ly/3zzKVOd
Resources Discussed:
Topics Discussed:
- Confirmation bias
- Investing in companies that are “too hard”
- Rule #1 investing basics
- Understanding moats and management
For show notes and more information visit www.investedpodcast.com
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