71: Fly or Fly Trap?

Often times people are obsessed with buying stuff just because the price is low. But what about the actual value? Most "cheap" things are cheap for a reason; when you're not really paying attention that thing may turn out to be very expensive in the long run. On this episode we share some insight on good--and bad stuff--we've purchased (i.e. stocks, businesses, real estate, etc.) that was cheap and give advice on how to avoid the trap! This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.thenorthstar.com/subscribe