The Stacking Benjamins Show How to Lose Money in the Markets: The Game Show Edition (SB1577)
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Sep 20, 2024 Join Jesse Cramer, a financial education contributor, Paula Pant, a savvy financial writer, and OG, a personal finance expert, as they navigate the humorous terrain of losing money in the markets. They explore 15 hilarious ways to make financial missteps, from speculative trading to panic selling. The discussion takes a fun twist with Game of Thrones trivia, intertwining pop culture with profit pitfalls. Listeners will enjoy practical takeaways on avoiding common investment blunders while having a good laugh.
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Avoid Water Cooler Tips
- Avoid impulsive investment decisions based on water cooler tips.
- Focus on sound investment strategies, not hearsay.
Water Cooler Stock Purchase
- Joe Saul-Sehy and Paula Pant bought a stock based on water cooler talk.
- Despite making money, they acknowledged their poor decision-making process.
Berkshire Hathaway Purchase
- Jesse Cramer bought Berkshire Hathaway simply because he admired Warren Buffett.
- He disregarded fundamental analysis, treating it like buying merchandise.