Erik Smolinski - esInvests | The Depth of the Frailty of My Investing Plan

Erik Smolinski - esInvests | The Depth of the Frailty of My Investing Plan

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.

Avsnitt(230)

QUICK TIP - Blockchain Technology and the future of security

QUICK TIP - Blockchain Technology and the future of security

Blockchain is the technology behind cryptocurrencies. In this Quick Tip Edmund McCormack explains some of the future use cases for Blockchain. Edmund is the founder of the crypto-education platform DC...

23 Apr 20225min

Jaden Sterling | Sterling Stock Picker

Jaden Sterling | Sterling Stock Picker

Jaden Sterling started his finance career on Wall Street but became disillusioned with the money-making machine that didn't look after investors. He noticed that most of the wealthy people that came t...

19 Apr 202230min

QUICK TIP - Robo-advisors and financial advice

QUICK TIP - Robo-advisors and financial advice

Pat Garret is Co-Founder and co-CEO at Robo advice firm Six Park In this Quick Tip he explains the changing landscape of financial advice.Portfolio tracker Sharesight tracks your trades, shows your tr...

13 Apr 20226min

Alice P. Neuhauser | Seismic Capital Startup Shakeups

Alice P. Neuhauser | Seismic Capital Startup Shakeups

How can you participate in the growth offered by early-stage start-ups? The disruptive enterprises that are seeking to change the future. Venture capital used to be the exclusive domain of the very we...

4 Apr 202230min

Jeff & Vinny from Javlin | Understanding risk and diversification in your portfolio

Jeff & Vinny from Javlin | Understanding risk and diversification in your portfolio

What I love about making this podcast the chance to meet bright young people who are creating tools to help everyday investors and democratizing investing knowledge. Jeff Tsai and Vinny Yu are the co-...

25 Mars 202227min

Dr Stanley Teitelbaum - Overcoming Self-Defeating Patterns in Stock Market Investing

Dr Stanley Teitelbaum - Overcoming Self-Defeating Patterns in Stock Market Investing

Greed, fear, euphoria, despair, over-confidence and regret. These are the greatest emotional obstacles in the way of stock market investing according to my guest Dr Stanley Teitelbaum. In this episode...

15 Mars 202237min

WEEKEND WATCHLIST - Connected TV

WEEKEND WATCHLIST - Connected TV

Special guest analyst from 7investing this week is Luke Hallard. Television viewers are transitioning from traditional linear TV to Connected TV. Older generations are cord-cutting due to cost and con...

12 Mars 202221min

Caleb Silver - Investopedia

Caleb Silver - Investopedia

Investopedia is often found through a back door, a side door, or through the attic because someone has asked a specific question: "how do I start investing with a thousand dollars?" Or "how do I get e...

8 Mars 202233min

Populärt inom Business & ekonomi

badfluence
framgangspodden
varvet
rss-jossan-nina
rss-borsens-finest
uppgang-och-fall
avanzapodden
fill-or-kill
rss-inga-dumma-fragor-om-pengar
24fragor
lastbilspodden
bathina-en-podcast
rss-dagen-med-di
rss-kort-lang-analyspodden-fran-di
svd-tech-brief
borsmorgon
rss-den-nya-ekonomin
kapitalet-en-podd-om-ekonomi
market-makers
montrosepodden