Chapter
The Importance of Internal State for Investing Success
47:13 - 54:10 (06:56)
In this podcast, the host discusses the impact of screens and information overload on the individual's financial decision-making ability. He then reviews his favorite books on investing and shares how he uses insights from The Making of an American Capitalist to avoid impulse decisions.
Clips
The podcast discusses the ability of investors in liquid securities markets to make decisions based on market volatility.
47:13 - 48:30 (01:17)
Summary
The podcast discusses the ability of investors in liquid securities markets to make decisions based on market volatility. It also highlights anecdotes of investors liquidating their portfolio to varying degrees.
ChapterThe Importance of Internal State for Investing Success
EpisodeEp 29: What I Learned Losing a Million Dollars, with Author Brendan Moynihan
PodcastThe Tim Ferriss Show
The speaker talks about the importance of setting internal rules and beliefs that serve you best, based on strategies applied by Warren Buffet.
48:30 - 50:40 (02:09)
Summary
The speaker talks about the importance of setting internal rules and beliefs that serve you best, based on strategies applied by Warren Buffet.
ChapterThe Importance of Internal State for Investing Success
EpisodeEp 29: What I Learned Losing a Million Dollars, with Author Brendan Moynihan
PodcastThe Tim Ferriss Show
The Money Game by Adam Smith is one of the two books that got the speaker interested in investing, as it provided practical examples and theoretical analysis to apply in the real world.
50:40 - 52:12 (01:31)
Summary
The Money Game by Adam Smith is one of the two books that got the speaker interested in investing, as it provided practical examples and theoretical analysis to apply in the real world.
ChapterThe Importance of Internal State for Investing Success
EpisodeEp 29: What I Learned Losing a Million Dollars, with Author Brendan Moynihan
PodcastThe Tim Ferriss Show
The constant influx of information and news from screens can lead individuals to make poor financial decisions, similar to how groupthink affects a crowd.
52:12 - 54:10 (01:58)
Summary
The constant influx of information and news from screens can lead individuals to make poor financial decisions, similar to how groupthink affects a crowd. It's important to be aware of this and take steps to preserve individual sense of self preservation.