Stansberry Investor Hour cover image

Biggest Investing Mistakes & Why Stocks are Overpriced with Simon Hallett

Stansberry Investor Hour

CHAPTER

The Probability of Being Right Two Times Is Very Low

If you start holding cats, you have to get two decisions right. And the combined probability of being right twice is very low. So we've always taken the policy that, no world, we'll just stick in cash. It's worked for the last 30 years for us. But who knows if it will in the future. I mean, i think all we can do, as i think your you'r suggesting, is be nervous. You can et your own expectations. In our case, we can work with our clients on air expectations, and we can tweak at the edges. We really can't go out  and make major changes to the bokvalo because we were

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner