09-24-2020: Opinion: The Real Danger For The Market Now Is-- You
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 24 September 2020
⏱️ 47 minutes
🧾️ Download transcript
Summary
Reacting to short-term events as if they were permanent changes is problematic.
Today's Stocks & Topics: CVX - Chevron Corp., Evaluation, COST - Costco Wholesale Corp., Real Assets, K - Kellogg Co., GILD - Gilead Sciences Inc., Barbell Strategy, Oil.
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Transcript
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| 0:00.0 | This podcast is produced by KPP Financial, Steve Peasley President, |
| 0:10.4 | KPP Financial, Independent Thinking, shared success. |
| 0:15.0 | And now today's podcast. |
| 0:17.0 | Good afternoon everybody and welcome to Invest Talk. This is our Thursday |
| 0:27.8 | September 24th 2020 edition of Invest Talk and I'm excited to have this hour with you today. |
| 0:35.6 | I'm gonna make do my best to make it as instructional as possible and |
| 0:40.6 | informative as possible because that's what you're probably looking for. |
| 0:45.0 | The right information to analyze, especially in today's world, right, |
| 0:50.0 | where there's a lot of partisanship and in the investment world, there's really no room for that. |
| 0:57.0 | And it's difficult to escape it. |
| 1:01.0 | You know, we're under 40 days away from the election and the |
| 1:09.7 | partisanship, the tribalism is only going to intensify. |
| 1:15.0 | But it's our job and your job on a best talk |
| 1:20.0 | to make decisions based on sound reasoning, sound facts, and less about opinions, |
| 1:32.1 | especially political opinions, because guess what? The markets do not |
| 1:37.2 | care about your political ideology. They don't. They don't care. |
| 1:44.0 | Markets are made up of millions and millions of people making decisions, buy and sell decisions, with all types of political persuasions, |
| 1:57.0 | from left to right to center to foreign who really don't care too much about our internal politics. |
| 2:06.7 | And therefore, if you allow |
| 2:12.2 | your tribalism to seep into your decision-making process, you might have a much higher chance |
| 2:19.6 | of making a bad decision, a poor decision, because you're basing off emotions, right? |
| 2:25.9 | We know that politics are emotional. |
... |
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