Erik Smolinski - esInvests | The Frailty of My Investing Plan

Erik Smolinski - esInvests | The Frailty of My Investing Plan

THIS IS A REPEAT EPISODE FROM FEBRUARY - ENJOYING A SHORT BREAK AND BACK WITH A BRAND NEW EPISODE NEXT WEEK.

What do exercise, the great outdoors and a healthy lifestyle have to with successful investing? Does the military prepare you for more than just battle? Joining me in this episode is Erik Smolinski from esInvests. Erik is a Marine veteran and self-made millionaire investor. He’s spent over 30,000+ hours honing his craft and outpacing the market for the last 14 years (22.8% CAGR). Erik maintains that there are many well-documented biases in traders and investors. They are covered in the following white paper. One of the things it talks about is how we like to cut winning trades short and we let losing trades run. It's because of ego. We like winning trades, we like being correct. That's why as soon as we have something that's in profit, we want to take it. It's a huge win for the ego.


Erik's Linktree: https://linktr.ee/esInvests


Link to blog post: https://www.stocksforbeginners.net/blog/esinvests


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.

Episoder(236)

Vitaliy Katsenelson - Soul in the Game

Vitaliy Katsenelson - Soul in the Game

How can listening to music make you a better investor? What if there’s something more to life than investing, stocks and money? In this episode I’m joined by Vitaliy Katsenelson to talk investing, Sto...

27 Sep 202239min

QUICK TIP - It's your money, man. Take it seriously

QUICK TIP - It's your money, man. Take it seriously

Mike Tyson says that every boxer has a plan until they get punched in the face. And everyone is a long term investor until they get punched in the face. Enrique Abeyta is the editor of Empire Elite Tr...

23 Sep 20229min

Mark LaMonica - Morningstar

Mark LaMonica - Morningstar

Mark LaMonica is a Product Manager at Morningstar and a co-host of the Investing Compass Podcast. Mark has robust views on thematic ETFs and what investors should watch out for.Blog Post for this epis...

19 Sep 202224min

QUICK TIP  - Becoming Financially Solid

QUICK TIP - Becoming Financially Solid

What is the season of life you’re in and how are you going to put your financial house in order? Robert Farrington is the founder of The College Investor the #1 tool to help get people out of student ...

17 Sep 20228min

Kenny Polcari - 9/11 and the NYSE

Kenny Polcari - 9/11 and the NYSE

"The fear was that the New York Stock Exchange was next, because when you think about America and you think about developed nations and developed markets, the New York Stock Exchange is a symbol. If n...

11 Sep 202243min

Dan Raju - Tradier | Changing the way people trade

Dan Raju - Tradier | Changing the way people trade

Where does your order go each time you hit buy or sell in your brokerage account? What’s a market maker and how many hands are in the pockets of investors on the way through? Dan Raju from Tradier joi...

5 Sep 202232min

QUICK TIP - Going beyond the company story

QUICK TIP - Going beyond the company story

Investors often fall in love with the story of a company without taking the next step which is to then research the company and find out whether it really is good value. In this Quick Tip Thomas J. Ha...

3 Sep 20227min

Mario Payne - Letbob.com | Making investing fun and simple

Mario Payne - Letbob.com | Making investing fun and simple

My guest today helped to found the first African American owned AI ETF on the New York Stock Exchange.The median net worth for Black households is currently $24K, compared to $188K for white household...

30 Aug 202234min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
e24-podden
rss-borsmorgen-okonominyhetene
rss-penger-polser-og-politikk
finansredaksjonen
livet-pa-veien-med-jan-erik-larssen
pengepodden-2
utbytte
rss-sunn-okonomi
tid-er-penger-en-podcast-med-peter-warren
morgenkaffen-med-finansavisen
pengesnakk
lederpodden
stormkast-med-valebrokk-stordalen
liberal-halvtime
lederskap-nhhs-podkast-om-ledelse
rss-politisk-preik
rss-markedspuls-2