Beware of financial gurus

An episode of the Investment For Beginners Podcast podcast, hosted by Thorzblog, titled "Beware of financial gurus" was published on January 1, 2022 and runs 12 minutes.

January 1, 2022 ·12m · Investment For Beginners Podcast

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Summary

There are investors and then there are investors. The likes of Warren Buffet and Charlie Munger are the cream of the crop. They broke the mold of what a financial guru is and what we should expect from one. They have a near perfect track record of integrity. I would be very careful when listening to anyone else. Between those two guys there's plenty of books and resources that can help you learn how they did it. As someone new to investing, educate yourself on the fundamentals. You can begin investing in great companies before you fully understand what you are doing, but that doesn't mean you shouldn't still strive to understand what you are doing. And ask questions! That's what the comment section is for.Be careful of anyone that believes they've found the secret to investing for one reason alone! The best kept secrets are the ones you yourself learn and have confidence in! Invest first in yourself and your own self-esteem and confidence! Heck, invest in skills you want to learn that can help you make more money if you'd like. Confidence is something you develop in yourself! The Internet is a place of many things! The 99.9% of which are delusions.

Episode Description

There are investors and then there are investors. The likes of Warren Buffet and Charlie Munger are the cream of the crop. They broke the mold of what a financial guru is and what we should expect from one. They have a near perfect track record of integrity. I would be very careful when listening to anyone else.

Between those two guys there's plenty of books and resources that can help you learn how they did it. As someone new to investing, educate yourself on the fundamentals. You can begin investing in great companies before you fully understand what you are doing, but that doesn't mean you shouldn't still strive to understand what you are doing. And ask questions! That's what the comment section is for.

Be careful of anyone that believes they've found the secret to investing for one reason alone! The best kept secrets are the ones you yourself learn and have confidence in! Invest first in yourself and your own self-esteem and confidence! Heck, invest in skills you want to learn that can help you make more money if you'd like. Confidence is something you develop in yourself! The Internet is a place of many things! The 99.9% of which are delusions.