29 - "All Else Equal" Mental Model (Ceteris paribus) episode artwork

EPISODE · Jun 2, 2019 · 17 MIN

29 - "All Else Equal" Mental Model (Ceteris paribus)

from The DIY Investing Podcast · host Trey Henninger: Private Investor, Portfolio Manager, Business Strategist, and Value Investing Expert

Please review and rate the podcast If you enjoyed this podcast and found it helpful, please consider leaving me a review. Your feedback helps me to improve the podcast and grow the show's audience.  Support the Podcast on Patreon This is a podcast supported by listeners like you. If you'd like to support this podcast and help me to continue creating great investing content, please consider becoming a Patron at DIYInvesting.org/Patron. You can find out more information by listening to episode 11 of this podcast.  "All Else Equal" Mental Model or Ceteris Paribus - Show Outline The full show notes for this episode are available at https://www.diyinvesting.org/Episode29 Background of Ceteris Paribus Mental Model Often a tool used in economic theory Especially used for explaining concepts such as supply and demand 'All Else Equal' Mental Model applied to Personal Finance Increased income is better than lower income Lower expenses are better than higher expenses The longer you live, the more wealth you'll build Application to Investing The All Else Equal Mental model can be applied to investing to create Investing First Principles Next Episodes: A series on First Principles of Investing Uses what learned in this episode and combines it with Episode 9 where we first introduced the concept of First Principles.  References: https://en.wikipedia.org/wiki/Ceteris_paribus

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29 - "All Else Equal" Mental Model (Ceteris paribus)

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