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Wealthtrack - Weekly Investment Show - with Consuelo Mack

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  • I watched the Jason Zweig video. My takeaways include these slogans (?) memes(?)
    Don’t make buys based on someone on the internet and expect them to also tell you when to sell.
    Your results depend less on how the markets behave and more on how you behave.
    Speculating and gambling are not investing.
    Information isn’t knowledge and knowledge isn’t wisdom.
    Segregate yourself from hot trends.

    Starting at about 19:00 I thought he went a little deeper into the wisdom well. He discussed what Ben Graham defined as an Enterprising Investor - someone who digs through Corp reports, examines products, finds value and invests in those companies. If that’s not you, or if that’s you but it turns out you don’t do it successfully **stop. Pick some simple funds and relieve yourself of the decision process.

    His closing advice is to focus on your goals not on speculation and the one investment we should all hold is cash. (He then said he knew FD would take issue with that recommendation /snark!)

    Consuelo closed with - know your limits - or as TS Eliot and I say - only those that go too far know how far one can go.

    Also - I saw this summary on the Wealthtrack website:
    “ For financial historians and serious market observers, the current era has all the signs of a developing market bubble.

    Money is abundant, a wide range of financial assets have risen to record or near-record levels, and enormous amounts of money are flowing into stocks. Private equity funds are flourishing and bonds continue to attract huge sums.

    Demand for residential real estate is soaring as are home prices. And despite recent dramatic declines, innovative products such as digital currencies have appreciated at breathtaking speed.

    Speculative trading by individual investors has also increased as a new growing community of online traders has emerged as a potent market-moving force.

    The combination of all of these forces caused me to reach out to this week’s WEALTHTRACK guest.

    We’ll be joined by Jason Zweig, a leading financial journalist who since 2008 has written the widely read The Intelligent Investor column for The Wall Street Journal. Zweig will share his analysis of the current market climate and advice for investors”
  • July 9th Episode:


  • USING HISTORY TO PREDICT THE MARKETS WITH RENOWNED HISTORIAN NIALL FERGUSON
    July 16, 2021


  • edited July 18
    Thank you. Interesting perspective from an historian such as Niall Ferguson.
  • July 23, 2021 Episode



  • beebee
    edited July 24
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    Decentralized Finance: A Primer
    whitepapers/WSBA-Accounting-DeFi-Primer-May-2021.pdf
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