Chapter
The Risk of Bankruptcy for Public Companies
1:20:33 - 1:31:18 (10:45)
Around 40% of the companies listed on the Russell 3000 Index, which contains large public stocks in the US, went bankrupt from 1980 to 2010, not including those bought or merged, highlighting the risk of investing in public companies.
Clips
Between 1980 and 2010, 40% of the stocks in the Russell 3000 Index, which tracks large public stocks in the US, went bankrupt.
1:20:33 - 1:24:35 (04:01)
Summary
Between 1980 and 2010, 40% of the stocks in the Russell 3000 Index, which tracks large public stocks in the US, went bankrupt. Most gains in index funds come from 5% of the companies invested in.
ChapterThe Risk of Bankruptcy for Public Companies
Episode#576: Morgan Housel — The Psychology of Money, Picking the Right Game, and the $6 Million Janitor
PodcastThe Tim Ferriss Show
Examining the principles of successful venture capitalists and investors can provide insights into their investment approach.
1:24:35 - 1:27:59 (03:24)
Summary
Examining the principles of successful venture capitalists and investors can provide insights into their investment approach. For Buffet, time has been the driver to his success which can be a positive takeaway for aspiring investors.
ChapterThe Risk of Bankruptcy for Public Companies
Episode#576: Morgan Housel — The Psychology of Money, Picking the Right Game, and the $6 Million Janitor
PodcastThe Tim Ferriss Show
In this episode, the speaker reflects on the pitfalls of trying to copy the successful ways of others, particularly those who rely on leveraging dynastic wealth transfer.
1:27:59 - 1:31:18 (03:19)
Summary
In this episode, the speaker reflects on the pitfalls of trying to copy the successful ways of others, particularly those who rely on leveraging dynastic wealth transfer. He suggests instead looking for specific aspects of successful people's lives that align with one's own goals and values, and intentionally replicating those.