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Episode 165: During this time of market turmoil, I think this is a good opportunity to forget about the stock market and tell a story. And what’s better than a detective story?
People often ask what I recommend they read to learn more about investing…perhaps the best recommendation I can give is a detective story.
WHAT? That’s right and in this episode we’re going to discuss the foundation of every detective story and that’s MOM- Method…Opportunity…Motive.
When you understand MOM, you’ll understand situational awareness and pattern recognition…which are the essence of trend following swing trading. In fact, MOM helps with all areas of life- business, sales, education…it all comes down to Method-Opportunity-Motive.
As to a good detective story, I’m old school, I don’t think it gets much better than Nero Wolfe.
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10 Wealth Building Principles: https://www.wealthsteading.com/category/wealth-building-principle/
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Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
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