News: You Have to Understand Behavioural finance in order to make Money on the Market
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 4 June 2024
⏱️ 28 minutes
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| 0:00.0 | Hello fellow Rebel capitalists hope you're well. I wanted to go over the number one secret that I learned at Rebel capitalists live this past weekend. |
| 0:07.3 | What I learned from the pros guys like Mike Green Jeff Snyder Brent Johnson and it's something that I've been thinking about a lot lately, |
| 0:15.4 | and I first heard about it maybe a month ago, |
| 0:19.0 | and then when I went to St. Bart's, I kind of had an epiphany moment talking to Steve and then I really it really made sense |
| 0:27.3 | Let's say when I heard these guys these pros at Rebel capitalists live describe pretty much the exact same thing. |
| 0:35.1 | And I've come to the conclusion that you have to understand this concept if you want to make money |
| 0:40.3 | investing. |
| 0:41.3 | Now I need to specify here. |
| 0:43.8 | What I'm talking, how I'm defining investing |
| 0:46.6 | is not just putting your money into the S&P 500 fund |
| 0:51.0 | and then going to sleep for the next 30 years. I'm talking about if you're managing |
| 0:55.7 | your own portfolio and you're trying to pick things that are going to go up or |
| 1:00.3 | you're shorting things. Let's just say that you've got like a six month or one year time horizon. |
| 1:05.8 | I think maybe even if you've got a longer time horizon, but you're more active. |
| 1:10.4 | If you're more passive than this probably doesn't apply, but most of you that watch this channel, I think are more in the active camp. |
| 1:18.0 | So let me go over to a recent episode of Forward Guides. I want to share a clip with you guys that sums it up perfectly and then I'm going to really dive deep into not only what this secret is, |
| 1:33.4 | but how you can use it to improve your investment ability |
| 1:38.2 | moving forward. |
| 1:39.2 | That's what it's all about. |
| 1:40.3 | So let's go over to forward guidance. |
| 1:41.9 | Just a super quick clip here. I'd strongly suggest listening to this entire episode big shout out to Jack Farley over there does a great job and he's interviewing a trader who you can tell is a veteran named Jason |
| 1:55.8 | Shapiro and if you listen to this whole episode which I would strongly advise |
... |
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