Investing Recap

Thoughts and Learnings in InvestingEveryone should be thinking about investing.Every money decision you make is an investment decision.All investments are broadly equal on the risk/reward spectrum.Only actively make investment decisions when you have an edge.Your investment strategy will depend on your situation (your age, tolerance for downturns, goals, etc.)Compounding is key in investing and in lifeDownturns are the price you pay for being invested.Think positive-sum (put your money in positive-sum industries) - shorting!List of Investing Books and Topics That We Have ReadIntroduction to InvestingTalking To My Daughter About The Economy by Yanis VaroufakisThe Intelligent Investor by Benjamin GrahamThe Bitcoin Standard: The Decentralized Alternative to Central Banking by Saifedean AmmousNFTs (Non-Fungible Tokens), explainedAngel: How to Invest in Technology Startups—Timeless Advice from an Angel Investor Who Turned $100,000 Into $100,000,000 by Jason CalacanisThe Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment by Guy SpierThe Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan HouselThe Almanack of Naval Ravikant: A Guide to Wealth and Happiness by Eric JorgensonWhat is Decentralized Finance or DeFiArt of the Deal: Contemporary Art in a Global Financial Market by Noah HorowitzNico's Top 3The Almanack of Naval Ravikant: A Guide to Wealth and Happiness (https://www.wiserpod.com/2022-the-almanack-of-naval-ravikant)The Psychology of Money (https://www.wiserpod.com/2021-the-psychology-of-money)The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment (https://www.wiserpod.com/2021-the-education-of-a-value-investor)and The Bitcoin Standard: The Decentralized Alternative to Central Banking (https://www.wiserpod.com/2021-the-bitcoin-standard) #### Sam's Top 3The Psychology of Money (https://www.wiserpod.com/2021-the-psychology-of-money)The Almanack of Naval Ravikant: A Guide to Wealth and Happiness (https://www.wiserpod.com/2022-the-almanack-of-naval-ravikant)Talking To My Daughter About The Economy (https://www.wiserpod.com/2021-talking-to-my-daughter-about-the-economy)Subscribe!If you enjoyed the podcast please subscribe and rate it. And of course, share with your friends!You can also listen and join us on ReasonFM (https://reason.fm/podcast/wiser-than-yesterday) or just ask questions. Don't Forget to leave a comment on this episode See podvine.com/privacy-policy for podcast listener privacy info. Hosted on Acast. See acast.com/privacy for more information.