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Talking Real Money - Investing Talk

Avoid Magical Thinking

Talking Real Money - Investing Talk

Don McDonald

Business, Education, Investing, How To

4.2680 Ratings

🗓️ 15 May 2020

⏱️ 20 minutes

🧾️ Download transcript

Summary

We must face the financial facts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Rated T for Teen.

0:01.7

Each year, thousands of adults lose their shred.

0:05.1

It's an epidemic simply known as shred loss, but it doesn't have to be this way.

0:09.2

Because rekindling your shred is as easy as playing the new Tony Hawk's Pro Skater 3 and 4.

0:13.7

With new parks, cross-platform multiplayer, and sick new game modes,

0:18.9

we can put an end to shred loss everywhere.

0:21.6

Hit the new Tony Hawk's Pro Skater 3 and 4 and show the world that the shred's not dead.

0:25.6

Pre-order Tony Hawk's Pro Skater 3 and 4 and play the Foundry demo.

0:29.6

Reality Radio for a really great future.

0:37.9

We're talking real money.

0:40.6

I want to start by saying that I am not a big believer in magical thinking.

0:46.8

I don't believe in magic.

0:49.3

I mean, magic tricks are fun, but I don't believe there's real magic in the world.

0:54.4

I tend to lean more towards scientific processes and facts and figures and data and, you know,

1:03.3

crazy little things like that.

1:05.1

So that's why I don't put a lot of stock in anecdotes.

1:09.7

And I tend to have greater trust but not absolute trust in academic research.

1:17.9

And because of that, I think it's important that all of us realize that we stop thinking

1:26.3

magically and we realize that we are in a time in our lives

1:33.4

that is as all times are unique but this one is going to stay uniquely unique possibly for

1:43.4

quite some time.

1:45.2

This summer, COVID is not going to go away for good.

...

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