2min chapter

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#37: Keith McCullough On The Power Of Betting On Yourself

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Risk Range Process

I think when investors look back across the full investing cycle, a lot of what I'm saying about the rates of change of growth and inflation really tell you the real story. You know, for a long time now, and this year dates people as well. Like I call people Captain Stockpicker or Macrotourist. Why? Well, because that's who I was. And I was completely unaware from a macro perspective. I was confusing my stock picking ability with the cycle. So if something continues to signal higher highs and it could even be a fraud. We use that as a good stop-loss rule. Don't even get involved until the bloody thing starts signaling in rate of

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