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I'm an advanced investor, I studied in finance and I approve most of what you said. My biggest takeaway is that free Finchat screener that you spoke about ! I Didn't know it but I love it thank you very much. I'm also a Chris Mayer worshipper.
Another benefit of investing in individual businesses: motivation. If I only invested in VT, I don't think I would be as motivated to save/invest as I am when I see a wonderful business, with all the qualities you guys mentioned and more (i.e. win-win, provide a service I enjoy, provide immense value to users for free, etc.), that is hated by the market for whatever reason (i.e. Gemini fiasco, noisy competitor, bad guidance, etc.). It's hard to get excited about increasing your ownership in the 9600 businesses in VT, of which, 9550 of them you've probably never heard of.
Super valuable content. Investing is truly counterintuitive. I think it may be the only domain where laziness/inactivity is not only desired, but actually rewarded.
Old Milwaukee beer. That is what my brother used to buy. And for the same reason. He has been gone for around 25 years, so hearing that was a good memory.
Great stories and great programing content by you guys. Most people don't take their money seriously enough. Because it isn't taught in school they don't see the information as that relevant. I don't thing that the choice of To INDEX or NOT to INDEX is the only choice. We can do both! And I think we should. Companies go through a life cycle. Indexing is great, but not the way to highest returns . DO BOTH! Thanks
I am financially free but I still can’t do whatever I want with whoever I want. I generally find myself just sitting alone at home all day waiting for the weekend when my friends are free. I have all the time in the world. I’m 29 but my friends still have to work to get by. Ideally I would hang out with them a lot more but they have partners and jobs which they have to prioritise. Does that make me not financially free as I cannot do what ever I want with whoever I want?
It’s a cultural problem! Most people in the USA are conditioned their entire lives to be dependent on entertainment… from family, from friends and from society. An European, a south American would use that free time to read, travel, create a hobby… In your case what is missing is a sense of curiosity. You could be learning another language in another country… living on an urban society like Europe and South America where you could learn a new life style… The USA is a country designed to keep people working and saving money until day die with just a ton of money and zero experiences. Your money will actually grow more if you take a year or maybe start over elsewhere… dollar still a good currency!!!
@@edisongomes3205 thanks for your comment. I actually live in New Zealand and am constantly perusing hobbies and leisurely activities (generally alone and at home). Although I have the financial freedom to do those things, and have been doing so for years now, the people closest to me cannot. What I have found is that I get way more enjoyment out of life when I spend it with my friends. However because they have to work and have families/partners I can only really spend a few hours a week with them.
Investing is all about opportunity costs. I think there are better opportunities when considering valuation, the runway to grow, and the ability to reinvest. That's not a knock on Costco; it's a phenomenal company.
I disagree that people need to spend 40 hours a week to manage their portfolio 💼 if you are long term investing in quality compounders , but to each his own
Depends where they are on their journey. When you're starting out, it's easy to blow 40 hours a week looking at stocks. (Whether it's productive or you should be doing it is another matter.)
Excellent conversation! I wanted ebbok from kyle but I'm not receiving the email or spam and I've already tried two different email accounts. Can you help
📌 Check out this video next: ruclips.net/video/pt6m4JzZJ14/видео.html
⚠ IMPORTANT: Please beware of cyber scams and phishing attacks. We will never ask for your contact info in the comments section. Kindly report suspicious accounts you see below. Thank you!
Thanks for the great video 😊
I'm an advanced investor, I studied in finance and I approve most of what you said. My biggest takeaway is that free Finchat screener that you spoke about ! I Didn't know it but I love it thank you very much. I'm also a Chris Mayer worshipper.
Thank you so much! Glad you found it useful. 💡
Another benefit of investing in individual businesses: motivation. If I only invested in VT, I don't think I would be as motivated to save/invest as I am when I see a wonderful business, with all the qualities you guys mentioned and more (i.e. win-win, provide a service I enjoy, provide immense value to users for free, etc.), that is hated by the market for whatever reason (i.e. Gemini fiasco, noisy competitor, bad guidance, etc.). It's hard to get excited about increasing your ownership in the 9600 businesses in VT, of which, 9550 of them you've probably never heard of.
Excellent conversation!
Glad you liked it! ❤
Super valuable content. Investing is truly counterintuitive. I think it may be the only domain where laziness/inactivity is not only desired, but actually rewarded.
Glad you liked the video! 🎉
Thank you - very good content and ideas
Glad it was helpful! 💡
Old Milwaukee beer. That is what my brother used to buy. And for the same reason. He has been gone for around 25 years, so hearing that was a good memory.
Thank you for sharing. Cheers! 🍺
Great stories and great programing content by you guys. Most people don't take their money seriously enough. Because it isn't taught in school they don't see the information as that relevant. I don't thing that the choice of To INDEX or NOT to INDEX is the only choice. We can do both! And I think we should. Companies go through a life cycle. Indexing is great, but not the way to highest returns . DO BOTH! Thanks
Glad it was helpful for you! 🎉
59:23
these streams are great
Thank you for watching!
I am financially free but I still can’t do whatever I want with whoever I want. I generally find myself just sitting alone at home all day waiting for the weekend when my friends are free. I have all the time in the world. I’m 29 but my friends still have to work to get by. Ideally I would hang out with them a lot more but they have partners and jobs which they have to prioritise. Does that make me not financially free as I cannot do what ever I want with whoever I want?
It’s a cultural problem! Most people in the USA are conditioned their entire lives to be dependent on entertainment… from family, from friends and from society. An European, a south American would use that free time to read, travel, create a hobby… In your case what is missing is a sense of curiosity. You could be learning another language in another country… living on an urban society like Europe and South America where you could learn a new life style… The USA is a country designed to keep people working and saving money until day die with just a ton of money and zero experiences. Your money will actually grow more if you take a year or maybe start over elsewhere… dollar still a good currency!!!
@@edisongomes3205 thanks for your comment. I actually live in New Zealand and am constantly perusing hobbies and leisurely activities (generally alone and at home). Although I have the financial freedom to do those things, and have been doing so for years now, the people closest to me cannot. What I have found is that I get way more enjoyment out of life when I spend it with my friends. However because they have to work and have families/partners I can only really spend a few hours a week with them.
Did I hear you say you’d never own Costco? Why?
Investing is all about opportunity costs. I think there are better opportunities when considering valuation, the runway to grow, and the ability to reinvest. That's not a knock on Costco; it's a phenomenal company.
I disagree that people need to spend 40 hours a week to manage their portfolio 💼 if you are long term investing in quality compounders , but to each his own
Depends where they are on their journey. When you're starting out, it's easy to blow 40 hours a week looking at stocks. (Whether it's productive or you should be doing it is another matter.)
All beer does not taste the same buddy.
Beer does not all taste the same. Old Milwaukee tastes like rust. Gross
Excellent conversation! I wanted ebbok from kyle but I'm not receiving the email or spam and I've already tried two different email accounts. Can you help
Thank you so much for watching! 🙌 For the e-book, kindly send a dm to Kyle on his Twitter: twitter.com/IrrationalMrkts