Chapter
Investing for the Long-term
18:32 - 24:32 (06:00)
This episode discusses the concept of investing for the long-term, buying low, and selling high. The speaker also mentions their concern for anchor bias and talks about the importance of being a good steward of capital while investing in venture deals.
Clips
Understanding the true value of your business is essential and can exceed the perception created by the stock market, which may fluctuate unexpectedly.
18:32 - 19:48 (01:16)
Summary
Understanding the true value of your business is essential and can exceed the perception created by the stock market, which may fluctuate unexpectedly. Entrepreneurs must be prepared to handle changes in market perception, but their skills can also be applied to other areas beyond their ventures.
ChapterInvesting for the Long-term
EpisodeAsking Billionaire Investor - Andrew Wilkinson - How To Prepare For The Economic Collapse
PodcastMy First Million
The value of a business is constantly changing, but what truly matters is when you decide to sell.
19:49 - 20:59 (01:09)
Summary
The value of a business is constantly changing, but what truly matters is when you decide to sell. Ignoring fluctuations in valuation is important to make a decision based on business value rather than a panic sell-off.
ChapterInvesting for the Long-term
EpisodeAsking Billionaire Investor - Andrew Wilkinson - How To Prepare For The Economic Collapse
PodcastMy First Million
The value of venture capital can fluctuate dramatically over time, leading to uncertain returns.
20:59 - 22:34 (01:35)
Summary
The value of venture capital can fluctuate dramatically over time, leading to uncertain returns. However, the potential returns on personal investments in venture capital can be significant.
ChapterInvesting for the Long-term
EpisodeAsking Billionaire Investor - Andrew Wilkinson - How To Prepare For The Economic Collapse
PodcastMy First Million
The speaker argues that it's a good time to invest in businesses because market conditions will likely improve in the next seven to 10 years, even though current market cycles may seem uncertain or unfavorable.
22:34 - 24:32 (01:58)
Summary
The speaker argues that it's a good time to invest in businesses because market conditions will likely improve in the next seven to 10 years, even though current market cycles may seem uncertain or unfavorable.