The Security Analysis Podcast cover image

Geoff Saab: Low Risk Investing

The Security Analysis Podcast

00:00

Understanding Prestige Investments and Shifting Psychological Perspectives in Investing

People who've made a lot of money tend to underestimate the risks involved in their success and believe they know how to make money. However, investing requires a different mindset. It's important to find a balance between taking enough risk for growth and protecting wealth. Entrepreneurs, who have experienced success through taking risks in their businesses, often have skewed perceptions of risk. Financial professionals, on the other hand, consider all risks and think about potential setbacks. This difference in mindset is crucial in investing.

Play episode from 05:15
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app