Michael Kemp - The Ulysses Contract | Avoiding the rocks of investing under-performance

Michael Kemp - The Ulysses Contract | Avoiding the rocks of investing under-performance

What does an epic poem written around 700BC tell us about investing? How are investors tempted to steer their money onto the rocks of investing underperformance? My guest is Michael Kemp, author of The Ulysses Contract. There's plenty of great lessons in this interview & much more in the book. There's a lot to avoid but as Michael says:

"Don't be discouraged by all the negative arguments I'm putting forth. I don't believe you need to become a champion to become a really good investor. Market returns are fantastic returns as long as you achieve them. Don't try and shoot for the stars cuz you're probably full flat on your face. But if you accept that you're gonna be delivered market returns and you are patient, then market returns can be spectacular returns given the power of compounding."


Blog post available at: https://www.stocksforbeginners.net/blog/ulysses

Phil's Linktree: https://linktr.ee/phil_muscatello


There’s a million ways to invest in stocks. It can be confusing, stressful and costly. But, by following a few simple rules, you can avoid many common investment traps and unwanted anxiety. What if you were able to follow 7 advisers, 7 principles and 7 monthly stock picks on your own terms, with better returns, using your own personal style. 7investing are there for you. They want to invest for the long haul, in great companies with great leaders who can compound capital for years.


7investing are pleased to offer listeners of this podcast a free trial for a week and 33% of the annual price if you sign up using the promo code stocksforbeginners. Believe me this is solid research from experienced advisers who live and breath the markets. So go to https://7investing.com/ and use the promo code stocksforbeginners to get your absolutely free trial and 33% discount on the annual premium plan.


Stocks for Beginners is a production of Finpods Pty Ltd. The advice shared on Stocks for Beginners is general in nature and does not consider your individual circumstances. Stocks for Beginners exists purely for educational and entertainment purposes and should not be relied upon to make an investment or financial decision. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial advice tailored towards your needs. Philip Muscatello and Finpods Pty Ltd are authorised representatives of Money Sherpa PTY LTD ABN - 321649 27708, AFSL - 451289.

Hosted on Acast. See acast.com/privacy for more information.

Jaksot(230)

Pat Garrett - The Future of Financial Advice

Pat Garrett - The Future of Financial Advice

Pat Garrett is the the co-founder and CEO of Six Park, a leading Australian robo-advice investment management service."Democratization is a word you hear a lot now. Accessibility and affordability ha...

7 Huhti 202122min

Stephen Leeb - Gold, As Good As...

Stephen Leeb - Gold, As Good As...

Stephen Leeb, is author of China’s Rise and the New Age of Gold. He says that gold’s rise is just beginning. He thinks all investors, and younger Americans in particular, need to invest in gold to pro...

29 Maalis 202129min

Quick Tip - What's an Index Fund?

Quick Tip - What's an Index Fund?

One of the best places to start investing is in an index fund. Robert Farrington from the College Investor explains what an index fund is."That's really the name of the game it's not about what you i...

22 Maalis 20211min

Tom Britton - Syndicate Room Startups

Tom Britton - Syndicate Room Startups

Every company was a start-up at one stage. Tom Britton is the cofounder Syndicate Room, a fund that invests in startups. Tom grew up in Los Angeles and, thanks to his Scottish-born father, was always ...

18 Maalis 202128min

Codie Sanchez - Commerce, Capitalism, Contrarian Investing & Cannabis

Codie Sanchez - Commerce, Capitalism, Contrarian Investing & Cannabis

"The first time you put $1 in the stock market you're probably not going to get $100 back immediately. But if you take that dollar and you add more dollars to it, and then you continue to invest, thro...

9 Maalis 202129min

Terri Duhon - Acknowledging Risk in Every Investment Decision

Terri Duhon - Acknowledging Risk in Every Investment Decision

Terri Duhon is the Non-Executive Chair of Morgan Stanley Investment Management Ltd. She is also on the board of Morgan Stanley International as a Non-Executive Director where she chairs the Risk Commi...

28 Helmi 202128min

Robert Farrington - Becoming Financially Solid

Robert Farrington - Becoming Financially Solid

Robert Farrington is the founder of The College Investor the #1 tool to help get people out of student loan debt, learn how to earn more money, understand how to start investing and build real wealth....

15 Helmi 202128min

Quick Tip - Technical Analysis Basics

Quick Tip - Technical Analysis Basics

Have you ever felt confused about those price charts that you see in the news? In this Quick Tip Benjamin Blakeman, The Oracle on Wilshire explains the basics of candlesticks and Bollinger Bands. Here...

10 Helmi 20214min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
psykopodiaa-podcast
mimmit-sijoittaa
rss-rahapodi
rss-draivi
rss-lahtijat
oppimisen-psykologia
rss-rahamania
rss-porssipuhetta
taloudellinen-mielenrauha
rss-seuraava-potilas
rahapuhetta
rss-h-asselmoilanen
rss-paatos-podcast-suomen-kovimmat-paatoksentekijat-2
rss-paasipodi
rss-inderes
io-techin-tekniikkapodcast
pomojen-suusta
rss-viisas-raha-podi
rss-40-ajatusta-aanesta