Chapter
Investing in Risky Assets
34:08 - 39:16 (05:07)
The hosts discuss making investments in risky assets such as Neos and Pelotons compared to traditional investments such as Bitcoin and Ethereum, emphasizing the importance of having a plan to sell assets when they appreciate in value.
Clips
While buying assets that will increase in value is important, it's equally important to have a plan for when you decide to sell your assets and redeem that value.
34:08 - 36:55 (02:46)
Cryptocurrency
Summary
While buying assets that will increase in value is important, it's equally important to have a plan for when you decide to sell your assets and redeem that value. It's essential to have a clear, emotion-proof strategy for redeeming to some type of Fiat currency.
ChapterInvesting in Risky Assets
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
The speaker shares about his investment strategy including the allocation of multiple stocks and the preference for riskier options such as Peloton and Chinese Tesla.
36:55 - 39:16 (02:21)
Investment
Summary
The speaker shares about his investment strategy including the allocation of multiple stocks and the preference for riskier options such as Peloton and Chinese Tesla.