The GaryVee Audio Experience Yahoo Finance Interview on How to Improve Investment Outcomes
Feb 25, 2021
Explore the future of investing where power shifts to consumers. Discover the impact of cryptocurrencies and blockchain technology on modern business. Learn how financial education is key to navigating risks, particularly with NFTs. Delve into the emotional recovery of investors post-market shifts and the importance of resilience. Plus, uncover the potential of platforms like Clubhouse for brand building and engagement, emphasizing the balance between authenticity and opportunity in entrepreneurship.
AI Snips
Chapters
Transcript
Episode notes
Educated Investing
- Understand your investments fully before committing any money.
- Avoid emotional or hype-driven decisions, especially with borrowed funds.
Importance of Education
- Many people are blindly following trends in investing without real understanding.
- Education is crucial for navigating opportunities like cryptos and NFTs, where many projects will fail.
Business as the New Sport
- The rise of entrepreneurship and accessible investing platforms like Robinhood has drawn many young people into markets.
- This interest extends beyond stocks to other ventures like dropshipping, crypto, and NFTs.