Chapter
Investing in the Stock Market Long-Term
21:47 - 29:11 (07:23)
The podcast discusses the concept of long-term investing in the stock market, including the potential for both good and bad periods, while offering advice on how to determine the viability of long-term investing plans.
Clips
Learn how to use the rule of 72 to calculate how long it will take for your investment to double, based on the interest rate per year or the compound rate of growth from investing in a stock market.
21:47 - 25:36 (03:48)
Summary
Learn how to use the rule of 72 to calculate how long it will take for your investment to double, based on the interest rate per year or the compound rate of growth from investing in a stock market.
ChapterInvesting in the Stock Market Long-Term
Episode#604: Master Investor Ed Thorp on How to Think for Yourself, Mental Models for the Second Half of Life, How to Be Inner-Directed, How Basic Numeracy Is a Superpower, and The Dangers of Investing Fads
PodcastThe Tim Ferriss Show
The speaker discusses the decision-making process of long-term investments and the unknowns that come with either putting money into real estate or the stock market.
25:36 - 29:11 (03:34)
Summary
The speaker discusses the decision-making process of long-term investments and the unknowns that come with either putting money into real estate or the stock market. Using a hypothetical example of a friend who held out for a higher selling price on their house and took 10 years to sell, the speaker emphasizes the importance of making informed, calculated decisions.