Talk Your Book: Trading with MarketSmith
Animal Spirits Podcast
The Compound
4.7 • 2.1K Ratings
🗓️ 17 June 2019
⏱️ 41 minutes
🧾️ Download transcript
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| 0:00.0 | Today's Animal Spirits Talk Your Book is brought to you by MarketSmith by Investors Business Daily. |
| 0:04.0 | Go to Investors.com, backslash Animal, and get your first three weeks of Market Smith for 1995. |
| 0:10.0 | Welcome to Animal Spirits, a show about markets, life, and investing. |
| 0:15.0 | Join Michael Batnik and Ben Carlson as they talk about what they're reading, writing, and watching. |
| 0:21.0 | Michael Batnik and Ben Carlson work for Ritholt's wealth management. |
| 0:25.0 | All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions |
| 0:29.4 | and do not reflect the opinion of Ritholt's wealth management. |
| 0:32.4 | This podcast is for informational purposes only and should not be relied upon for investment decisions. |
| 0:37.0 | Clients of Ritt Holt's wealth management may maintain positions in the securities discussed in this podcast. |
| 0:42.0 | Bet and I sat down with Arusha Paris from Market Smith to talk about all things training, which are near and dear to my heart. |
| 0:51.0 | I feel like you had a really good time with this |
| 0:53.6 | conversation. Yes you were very locked in because I had a great time and when we |
| 0:57.6 | walked out of our talk with him we went to LA and went to investors |
| 1:00.9 | business daily offices and when we walked out of there you have like a peb on your step and you I feel like you |
| 1:06.2 | wanted to go trade. Oh yeah. Is that fair to say? So here's a little backstory on my trading career. I left the insurance company I think in |
| 1:18.4 | early 2010 and when I left I was delusional, I would be able to find a job in the financial services industry. |
| 1:27.0 | I didn't know what I wanted to do. I remember hearing terms like buy-side or sell-side and I didn't know anything. |
| 1:32.0 | So what I did when you don't, like most people don't know anything is I went to the library and I started to learn and so I was reading books reading newspapers watching people on stock twits and Twitter, and studying for the CFA exam. |
| 1:46.1 | And so I was unemployed, I guess from 2010, I guess my job was to learn, which is not really |
| 1:51.8 | a job, but I guess my parents |
| 1:53.7 | helped me a little bit with my bills because I had blown through all of the money |
| 1:58.8 | that I had saved so when I was in college I was home and I was a waiter and and I was doing that full time so I'd saved up a decent amount of money which allowed me to be at the insurance company for 18 months without earning literally like a single dollar. |
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