The Perils of Day Trading and Embracing Long-Term Investment

Is it worth the money? Today, Alex (@AlexHormozi) shares his thoughts about Day Trading, long-term vs. short-term investing, and why it’s better to just find a different hobby instead.

Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

Timestamps:

(2:28) - Alex shares the mistake he made that cost him $200k

(4:39) - The capital gains treatment gets thrown out the window

(8:04) - “I have to pay taxes on regular income because I sold it within a year”

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