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Episode 92: If you want to make money in the stock market, learn to suppress your ego. Overconfidence and arrogance result in blind spots that leave you vulnerable. The market is defined by UNCERTAINTY…no one can predict the future. Don’t ever forget that.
There are two sides to every trade. Each trader thinks he’s correct. Before you commit to making your transaction, re-think your logic and consider the rationale for the opposite trade.
Approach each trade as if you’re the dumbest guy in the market. You’ll build both your humility and your wealth.
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 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.