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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Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.
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