Hey everybody this is Phil Town and this is Phil Town and this is Danielle Town

and we're here for the invested podcast where we're learning how to

invest like Warren Buffett and Charlie Munger except for right now where we're learning how to invest like Warren Buffett and Charlie Munger, except for right now,

where we're learning to invest like kind of people who... Crazy people. Trade based on bunnies and trains in the clouds

and using charting and all this kind of stuff which strangely is worth talking about.

Why is it worth talking about it? We're going to talk about it a little more and then we're never going to talk about it a little more.

And then we're never going to talk about it again.

No, we'll talk about it because I think actually

it's been really helpful for me to learn about this because of this fear as you mentioned last time of if I owned the index which I don't but if I did I would be so wondering with every little blip and movement of this market

if it was the big crash or not.

And I would just be, I would just be nervous about it.

So I think what you've said a few times

is this is not a predictive thing.

This is not something to rely on,

but in a world where we have nothing, at least like we've got this.

Yeah, I mean, crazily, it's a little bit like you've come to a junction in the road, right?

And you honestly have no idea which way to go.

What we do is we've got to find something that helps us get over absolute paralysis.

Yeah. And that can be just taken out a coin and flipping it.

And just saying, okay, it came up heads, heads I go left, tails I go right. It comes up heads heads I go left tails I go right it comes up heads and suddenly I just feel like oh my gosh I don't want to go left and you go right

I mean it's at least it's something to trigger something inside you that'll help you

make a decision when you're scared and you don't know which way to go.

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