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He’s 41. So with that 50 year time horizon on payout from what he invests in today he should be able to buy himself a pretty shazzy new auto when he’s 91.
I'll tell you flay out- look at the eyes and facial expression of Housel. If he isn't high on something then he's borderline mental. I wouldn't even listen to anyone who looks "hyper" like that.
LOL. Oops. The vid covers stuff in the category of "how not to invest," or "how not to shoot yourself in the foot." Did you guys spend any time at all with it? I just finished a vid with Galloway and Barry Ritholtz, too. His book is "How Not To Invest." I used to read his dailies, and then Josh Brown joined him. Brown's "Reformed Broker" was great. https://www.hownottoinvestbook.com/
Yes, I listened to the first 50% of the video - about 20 minutes worth. Somewhat familiar with Housel having purchased and listened to one of his audio books a year ago. And I caught a recent interview Meb Faber did with him. Won’t deny he has his followers. It’s easy to say: “Buy an index fund, shut your eyes and wait 40 or 50 years for your payout.” Book closed. No need to think any further. How realistic is that? Our “Buying / Selling” thread would grind to a halt!
To an extent Housel resembles John Templeton in voicing an eternal optimism that the world is getting better and better and mankind will enjoy greater and greater riches as technology advances. Sir John was way more convincing (and sincere) I think. But even Sir John wouldn’t have spoken about a 50-year time horizon from investment to pay-out.
I don’t agree with @Old_Joe that those glazed over eyes are drug induced! To me it’s the look of money. He’s thinking how much dough his books are bringing in.
I'll tell you flay out- look at the eyes and facial expression of Housel. If he isn't high on something then he's borderline mental. I wouldn't even listen to anyone who looks "hyper" like that.
Jeebus. He sure comes off like a tweaker.
I've read enough mysteries to know you never trust a guy that blinks like that.
Comments
It sounds pretty recent @Crash. He talks a good line. And his books sell. Not my cup of tea. But many find him inspirational.
Some bio on Housel
He’s 41. So with that 50 year time horizon on payout from what he invests in today he should be able to buy himself a pretty shazzy new auto when he’s 91.
https://www.hownottoinvestbook.com/
Yes, I listened to the first 50% of the video - about 20 minutes worth. Somewhat familiar with Housel having purchased and listened to one of his audio books a year ago. And I caught a recent interview Meb Faber did with him. Won’t deny he has his followers. It’s easy to say: “Buy an index fund, shut your eyes and wait 40 or 50 years for your payout.” Book closed. No need to think any further. How realistic is that? Our “Buying / Selling” thread would grind to a halt!
To an extent Housel resembles John Templeton in voicing an eternal optimism that the world is getting better and better and mankind will enjoy greater and greater riches as technology advances. Sir John was way more convincing (and sincere) I think. But even Sir John wouldn’t have spoken about a 50-year time horizon from investment to pay-out.
I don’t agree with @Old_Joe that those glazed over eyes are drug induced! To me it’s the look of money. He’s thinking how much dough his books are bringing in.
I've read enough mysteries to know you never trust a guy that blinks like that.
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