I think I actually think the COVID-19 crash was very rational from an investment perspective. But 2021 made no sense at all, like things like pictures of rocks were selling for $3 million. The one life lesson I got just from COVID generally is like, I actually worry so much less about money because imagine being 60 years old and you're in the Italian Alps. You don't know what to do if you get struck with this illness that's going to kill you within a week or two. So it's not like Carpé di Yolo says he doesn't care about the future but instead cares about his present.
Nick Maggiulli is the creator of Of Dollars And Data and the Chief Operating Officer at Ritholtz Wealth Management. Nick is also the author of a new book titled Just Keep Buying where he crunches numbers to answer the biggest questions in personal finance and investing, while providing the reader with proven ways to build wealth the right way. In this episode, we talk about the biggest lies told in personal finance, role of data in analysis, the idea of feeling rich, role of luck in investing, and much more. To know more about this initiative, check out:
https://www.vishalkhandelwal.com/
https://www.safalniveshak.com/
Check out my book - The Sketchbook of Wisdom - which Morgan Housel calls "a masterpiece."
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