You & Me - Deepstash
You & Me

You & Me

Avoid taking financial cues from people playing a different game than you are.

Few things matter more with money than understanding your own time horizon and not being persuaded by the actions & behaviors of people playing different games than you are. Go out of your way to identify what game you’re playing and ignore the rest.

  • Bubbles happen when long-term investors playing one game start taking their cues from short-term traders playing another game.
  • It is hard to grasp that other investors have different goals than u do.
  • Rational people can see the world through a different lens than their own.

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pipge

Total food specialist. Friendly webaholic. Coffee fan. Proud analyst. Tv expert. Explorer. Travel nerd. Incurable beer advocate.

The Psychology of Money is a collection of short stories exploring the strange ways people think about money and teaches you how to make better sense of it.

The idea is part of this collection:

The Psychology of Money

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