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.

Avsnitt(230)

Daniel B Kline - Time is on your Side

Daniel B Kline - Time is on your Side

We need a holiday. We’ll be back soon with new episodes but in the meantime, here is one of my favourite episodes of the podcast.I’m pleased to welcome Dan Kline from 7investing to tell you all about ...

3 Jan 202231min

James McInnes - Odd Burger

James McInnes - Odd Burger

James McInnes is the Co-Founder and CEO of vegan food tech company and franchise, Odd Burger. He has previously run a financial technology company. Odd Burger aims to revolutionize the fast-food indus...

20 Dec 202122min

Will Rainey - Grandpa's Fortune Fables

Will Rainey - Grandpa's Fortune Fables

Research shows that kids form many of their adult money behaviours by the age of seven. Will Rainey is the author of the children's book, Grandpa's Fortune Fables. His work has appeared in the Financi...

14 Dec 202129min

Lou Carlozo - Finance Journalism for Fun & Profit

Lou Carlozo - Finance Journalism for Fun & Profit

What do you know about finance journalism? There are millions of words produced every day about stock markets, business, investments, economics, and all of their related implications and suppositions....

6 Dec 202130min

John Smallwood - Smallwood Wealth

John Smallwood - Smallwood Wealth

Where is the world headed? Cash in the bank is losing value as living expenses continue to rise. Everyone's being forced into increasingly risky assets amidst growing uncertainty about the future. Joh...

30 Nov 202130min

David McAlvany - Vaulted

David McAlvany - Vaulted

David McAlvany runs a hard asset fund that focuses on precious metals, global natural resources, infrastructure, and specialty real estate. He also founded Vaulted and oversees the precious metals bro...

22 Nov 202127min

Leon Smith - Trading Strategies for Options

Leon Smith - Trading Strategies for Options

Leon Smith is the co-founder of Tiblio, a stock market research platform with pro-level tools, real-time data and news, empowering traders with the tools, data and analytics they need to maximize thei...

15 Nov 202122min

Tony Bradshaw - The Millionaire Choice

Tony Bradshaw - The Millionaire Choice

I caught up with Tony Bradshaw in this episode to discuss the steps that you need to take to get ahead financially. It was partly inspired by a message I received from a listener who asked "how can I ...

8 Nov 202134min

Populärt inom Business & ekonomi

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