Investing Recap

Thoughts and Learnings in Investing Everyone should be thinking about investing. Every money decision you make is an investment decision. All investments are broadly equal on the risk/reward spectrum. Only actively make investment decisions when you have an edge. Your investment strategy will depend on your situation (your age, tolerance for downturns, goals, etc.) Compounding is key in investing and in life Downturns are the price you pay for being invested. Think positive-sum (put your money in positive-sum industries) - shorting!Nico's Top 3The Almanack of Naval Ravikant: A Guide to Wealth and Happiness (https://www.wiserpod.com/2022-the-almanack-of-naval-ravikant) The Psychology of Money (https://www.wiserpod.com/2021-the-psychology-of-money) The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment (https://www.wiserpod.com/2021-the-education-of-a-value-investor) and The Bitcoin Standard: The Decentralized Alternative to Central Banking (https://www.wiserpod.com/2021-the-bitcoin-standard)Sam's Top 3The Psychology of Money (https://www.wiserpod.com/2021-the-psychology-of-money) The Almanack of Naval Ravikant: A Guide to Wealth and Happiness (https://www.wiserpod.com/2022-the-almanack-of-naval-ravikant) Talking To My Daughter About The Economy (https://www.wiserpod.com/2021-talking-to-my-daughter-about-the-economy)Wiser Than YesterdayNico and Sam set out to read the world's best books, from philosophy to sci-fi, economics to who knows what.Wiser Pod WebsiteSam Webster Harris👋 LinkedIn - Sam Harris🧠 Psychology Pod - Growth Mindset Psychology🚀 New Pod - How to Change the WorldNicolas Vereecke👋 LinkedIn - Nico Vereecke🤖 AI world domination - Evil Plan Inc- - -How to Change the World: The History and Future of InnovationAvailable on all podcast players:SPOTIFY - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://open.spotify.com/show/1Fj3eFjEoAEKF5lWQxPJyT⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠APPLE - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://podcasts.apple.com/us/podcast/how-to-change-the-world-the-history-of-innovation/id1815282649⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YOUTUBE - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@HowToChangeTheWorldPodcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Hosted on Acast. See acast.com/privacy for more information.