1min snip

We Study Billionaires - The Investor’s Podcast Network cover image

RWH024: Wealth, Wisdom, & Happiness w/ Tom Gayner

We Study Billionaires - The Investor’s Podcast Network

NOTE

Diversify Investments like Planting Seeds

Diversifying investments is like planting seeds in a farming process, where many are sown to determine the emerging successful ones, following the idea of not selling winners prematurely and avoiding the folly of picking flowers over watering weeds as emphasized by Peter Lynch. Being disciplined and avoiding the urge to take profits too soon, celebrating victories with caution, and refraining from making hasty decisions with investments are essential lessons to heed, as illustrated by a close call with a potential Home Depot trade.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode