AI Snips
Chapters
Transcript
Episode notes
Investment vs. Idea
- Control your emotions, as they can hinder decision-making.
- Consider the investment's price, not just the exciting idea behind it.
Long-Term Value Investing
- Find interesting companies with defensible market positions that are mispriced due to short-term concerns.
- Separate a company's intrinsic value from noisy short-term news events.
Exploiting Cognitive Biases
- Humans overemphasize recent events and extrapolate current feelings into the future.
- These biases can be exploited for profit in the stock market.