EP 167: What Every Australian Investor Gets Wrong About the Market | Terry Tran

What if the biggest mistake investors make isn't the stock they pick… but how they think about the market? In this episode of The ToolShed Podcast, Mick sits down with seasoned investor Terry Tran to unpack the misconceptions many Australian investors have about markets, valuations, and risk. With nearly 30 years of experience, Terry shares why protecting capital matters more than chasing returns, how emotional decision-making leads to poor outcomes, and why today's market conditions where some companies trade at 30–40× earnings require a more disciplined and cautious approach. Australians reviewing their super. Connect with Terry: Company: https://www.thefreedomtrader.com/ Facebook: https://www.facebook.com/TheFreedomTrader/ Instagram: https://www.instagram.com/thefreedomtrader/ More profit, less grind? Take the Builder Freedom Readiness Scorecard: https://buildersfreedomreadiness.scoreapp.com/  This episode is a practical discussion on risk, mindset, and making smarter investment decisions, particularly when strong markets mask warning signs. It offers clarity for active investors and those seeking market understanding.