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Rule Breaker Investing

How Investors Should Think About Thinking

Rule Breaker Investing

The Motley Fool

Investing, Business

4.5928 Ratings

🗓️ 7 October 2015

⏱️ 21 minutes

🧾️ Download transcript

Summary

Investing is as much about psychology and intellect as it is reading financial statements. David describes three kinds of thinking that investors can use to get an edge.

Transcript

Click on a timestamp to play from that location

0:00.0

It's the Rule Breaker Investing Podcast with Motley Full Co-founder David Gardner.

0:07.0

And welcome back to Rule Breaker Investing.

0:12.0

A delight to have you join in with me this week.

0:15.7

And before I start, I want to go back and look backward briefly.

0:21.2

So over the last four weeks, let's briefly cover the four things that we've talked

0:27.5

about that we've learned together. Four weeks ago we talked about multiple futures versus one future.

0:35.0

If you've not already listened to that, it was podcast number 12.

0:38.0

I recommended to your attention, thinking in terms of which companies have many potential different futures and which companies

0:44.7

just have likely very one single future. Number two, the week after that,

0:50.3

podcast number 13 of Killers and Kings, exploring how our misleading tendency to make binary

0:57.8

assumptions driven by a media that loves headlines about killers or kings can lead you down the wrong path with both

1:06.0

your perceptions and sometimes with your investing too.

1:09.7

The week after that, the tale of Spiffy Pop. I wanted to make sure that everybody listening

1:13.9

to Rule Breaker Investing knows what my screen name on the Motley Fool website

1:17.6

TMF Spiffy Pop means and more specifically I wanted to make sure that you start to aim for Spivey Pops in your investing life.

1:27.0

And then last week, we talked about technology accelerating.

1:31.0

That's podcast number 15. Ray Kurzweil talking about how the world is

1:36.0

speeding up. Innovations are happening faster than ever before and what are the

1:40.9

implications then for our investing?

1:43.7

And as I look back over these, for two quick thoughts to share.

1:47.9

The first is, I'm reminded that we used to do this

1:52.1

in my Shakespeare English class in college.

...

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