• 031 Investing is a zero sum, selfish game - Conservative, concentrated stock picking podcast

  • Sep 15 2021
  • Length: 5 mins
  • Podcast

031 Investing is a zero sum, selfish game - Conservative, concentrated stock picking podcast

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  • Summary

  • Written Post: http://stockpickinginsights.com/investing-is-a-zero-sum-selfish-game

    0:00 Intro

    0:18 Summary

    2:15 Passive ownership = zero-sum

    4:48 Action points

    Summary
    • The company you own produces new goods and services, so it isn’t a zero-sum case;
    • Passive ownership is useless to everyone but yourself;
    • Entrepreneurship is a direct contribution to the world, unlike stock picking.
    Action points
    • Do I care about contributing to the evolution of humanity?
    • Are the companies that I own focused on producing goods and services?


    Spotify: https://open.spotify.com/show/2uFjecBDw6KDEYA6Zbk7ah?si=aOPLtnfPRnuhdaEF_eMeZw&nd=1

    Website: http://stockpickinginsights.com/

    Facebook: https://fb.com/stockpickinginsights

    Twitter: https://twitter.com/stockpinsights

    Instagram: https://www.instagram.com/stockpickinginsights

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