The Shay Boloor (Pounding The Table Pod) Interview
Oct 19, 2023
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In this episode, Shay Boloor, co-host of the Pounding the Table podcast, shares his unique investing background and framework for building a growth portfolio. They explore prop trading firms, discuss investing strategies, and emphasize the importance of simplicity and staying focused. The chapter also delves into lagging indicators, introduces Rocket Scooter, and provides advice for young investors. They share a funny story about stock buying and highlight the value of investing in 'picks and shovels' companies. Finally, they wrap up with guest appreciation and future portfolio performance.
Following newsletters and independent sources for information is crucial in investing, rather than relying solely on mainstream media.
Sticking to long-term investments in equities and avoiding options and leveraged ETFs is a valuable strategy.
Having a clear investment thesis, defending it, and staying focused on long-term goals are key aspects of successful investing.
Deep dives
Shy shares his investing background and portfolio strategy
Shy discusses his background in investing and his approach to building a solid growth portfolio. He shares how he got started in trading and the motivation behind his public portfolio. Shy also highlights the importance of following newsletters and independent sources for information rather than relying solely on mainstream media. He emphasizes the value of sticking to long-term investments in equities and avoiding options and leveraged ETFs. Shy also mentions the importance of pressure-testing his investment theses through discussions and interviews on his podcast.
Lessons learned from the recent market turmoil
Shy reflects on the lessons he learned from the recent market volatility and the impact of conflicting signals. He discusses the challenges of blocking out noise and staying focused on long-term strategies. Shy mentions the importance of considering different perspectives and pressure-testing investment theses. He also emphasizes the need to stay cautious and play it safe, especially as a young investor, and to avoid getting caught up in short-term trends and speculative investments.
The value of transparency and defending investment decisions
Shy discusses the value of transparency in sharing his portfolio updates and explaining his investment decisions. He shares how participating in the podcast has challenged him to defend his investment theses and learn from different perspectives. Shy highlights the importance of having a clear investment thesis and sticking to it, even in the face of criticism or pushback. He acknowledges the challenges of managing investments in a highly active and opinionated community like Fintuit, and the need to have thick skin and stay focused on long-term goals.
The benefits of following newsletters and the power of picking leaders in industries
Shy discusses the benefits of following newsletters and independent sources of information for investing insights. He emphasizes the value of learning from experienced investors and niche experts in specific industries. Shy also shares the importance of focusing on leaders in industries, following picks and shovel plays, and investing in companies with strong moats. He recounts the story of his friend who invested in Nvidia based on his gaming experience and highlights the potential of investing in companies that align with personal experiences and trends.
Insights from integrating trading and a full-time job
Shy shares his experience of balancing trading and a full-time job. He discusses his daily routine and how he manages his investments before and after work hours. Shy highlights the importance of discipline and time management in juggling both responsibilities. He shares how he dedicates time for research, portfolio updates, and posting on social media. Shy also mentions the challenges of dealing with market fluctuations while managing personal and professional commitments.
On this episode of Trading Camp, we interview Shay Boloor - co-host of the Pounding the Table podcast. Shay shares his unique background in investing, his framework for building a solid growth portfolio, and lessons he's learned thru 10+ years of managing personal and investor funds.
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Produced by: Ryan Novak @novakproduction www.kane-capital.com
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Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode