MI002: Investing and Entrepreneurship Strategies with Preston Pysh (Investing Podcast)
The Intrinsic Value Podcast - The Investor’s Podcast Network
The Investor's Podcast Network
4.6 • 592 Ratings
🗓️ 21 August 2019
⏱️ 61 minutes
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| 0:00.0 | You're listening to TIP. |
| 0:02.6 | Hey, everyone. On today's show, I sit down with Preston Pish to discuss all kinds of different |
| 0:07.7 | stock market investing strategies that you can implement with your portfolio. |
| 0:11.9 | Be sure to listen all the way to the end because Preston takes one of my questions, spins it |
| 0:16.9 | on its head, and provides fantastic advice on investing in entrepreneurship as a millennial. |
| 0:22.8 | Preston is a graduate of West Point and Johns Hopkins University, the founder of Buffett's Books.com, |
| 0:28.8 | and co-founder and co-host of We Study Billionaires by the Investors Podcast Network. |
| 0:33.7 | I hope you guys enjoy this fantastic conversation with Preston Pish. |
| 0:38.7 | You're listening to Millennial Investing by the Investors Podcast Network, |
| 0:43.3 | where your host, Robert Leonard, interview successful entrepreneurs, business leaders, and investors |
| 0:48.5 | to help educate and inspire the millennial generation. |
| 1:06.2 | Welcome to the show. I'm your host, Robert Leonard, and I'm very excited to have Preston Pish from We Study Billionaires by the Investors Podcast Network here with me today. Welcome to the show, Preston. |
| 1:12.2 | Robert, great to be here. Pump to be with you. I want to start today's conversation by talking |
| 1:17.4 | about an investment strategy that seems to be really popular amongst millennial and new investors, |
| 1:22.7 | and that is day trading. Day trading is when you buy and sell stocks very quickly in the stock market, usually |
| 1:28.5 | holding them no more than for just a day or a couple days in hopes to make big profits. |
| 1:34.5 | And it seems a lot of new investors are brought into the strategy or just investing in the stock |
| 1:38.7 | market in general using this strategy because gurus market this online very frequently as a get rich quick scheme and it pulls a lot |
| 1:47.2 | of people in. For me personally, I don't believe in this strategy and I don't follow it. So I have |
| 1:52.8 | a hard time giving people advice when they ask for how to day trade. But how about you, Preston, |
| 1:58.1 | what do you think about day trading? I always start with a really simple, |
| 2:03.1 | fundamental idea. How many people in the world, when you think across people that have made a lot |
... |
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