Chapter
Personal Investing Strategy in Stock Market
1:35:24 - 1:47:52 (12:27)
The speaker prefers to invest in places where they have an informational advantage or a strong gut feeling of conviction. They recommend index funds for safe, long-term growth and taking a break from all investment decisions for a period of time to avoid impulsiveness.
Clips
Billionaire Chamath Palihapitiya has announced that he is taking a six to twelve month break from making investment decisions, saying that he only wants to invest in places where he feels he has an informational advantage or a conviction that he can't quite explain.
1:35:24 - 1:37:26 (02:02)
Summary
Billionaire Chamath Palihapitiya has announced that he is taking a six to twelve month break from making investment decisions, saying that he only wants to invest in places where he feels he has an informational advantage or a conviction that he can't quite explain. He has said that he wants to make himself accountable by saying it publicly, and he is not one of those people who uses intuition as justification for lots of haphazard decision-making.
ChapterPersonal Investing Strategy in Stock Market
Episode#453: The Random Show — Zen, Investing, Mike Tyson, Artificial Intelligence, and the World's Best Beers
PodcastThe Tim Ferriss Show
The speaker reflects on his highest conviction bets in the stock market, including Peloton, and discusses the framework for investing presented by Chamath in a recent interview.
1:37:26 - 1:39:42 (02:15)
Summary
The speaker reflects on his highest conviction bets in the stock market, including Peloton, and discusses the framework for investing presented by Chamath in a recent interview.
ChapterPersonal Investing Strategy in Stock Market
Episode#453: The Random Show — Zen, Investing, Mike Tyson, Artificial Intelligence, and the World's Best Beers
PodcastThe Tim Ferriss Show
The speaker suggests investing in safe index funds for retirement and to have high conviction bets for potential growth, giving examples of Amazon and Shopify.
1:39:43 - 1:45:16 (05:32)
Summary
The speaker suggests investing in safe index funds for retirement and to have high conviction bets for potential growth, giving examples of Amazon and Shopify. They also consider short term benefits for companies that excel with online acceleration due to COVID, as well as expanding investment opportunities overseas.
ChapterPersonal Investing Strategy in Stock Market
Episode#453: The Random Show — Zen, Investing, Mike Tyson, Artificial Intelligence, and the World's Best Beers
PodcastThe Tim Ferriss Show
The focus for companies is now about building out a suite of personal finance tools for the unbanked, such as stock trading and bitcoin purchases.
1:45:16 - 1:47:52 (02:36)
Summary
The focus for companies is now about building out a suite of personal finance tools for the unbanked, such as stock trading and bitcoin purchases. Lower market cap companies such as Peloton and Amazon offer a greater potential for returns over time, particularly as Amazon's e-commerce penetration is still relatively low in the US.