Helping Investors Separate the Signal from the Noise...
00:00 Intro
00:43 Topics
01:14 7 Lessons From 2024
01:18 Lesson #1: Returns Are Lumpy
05:08 Lesson #2: Price Targets Are Pointless
10:48 Lesson #3: Embrace Panic
13:13 Lesson #4: Tune Out the Noise
16:32 Lesson #5: Diversification Is Simple, But Not Easy
19:58 Lesson #6: There Is No Impossible in Markets
23:37 Lesson #7 Time over Money
27:47 $36 Trillion in National Debt: Signal or Noise?
Video
Comments
Everyone here should be watching these presentations; and saving them for further/future reference.
Especially important for this #39 report, IMHO; is Lesson #2 starting at the 5 minute mark, titled 'Price Targets'. A lot of time over the years and currently is spent regarding who/what to follow and/or read regarding financial thinking. The point of Lesson #2 is that those (the large, old money centers), those that one should expect to understand markets well, have problems like other 'humans', in spite of overwhelming data and 'schooling'. Somewhere here (MFO) is a write (2010 - 2012?) about about Morgan Stanley or Goldman fully getting things wrong about interest rates directions. A serious mistake.
One must be their own best student and attempt to blend whatever/whomever you choose to follow to help form one's thinking. No easy task.
A suitable topic area, for a future post.
The read / unread feature allows me with not having to remember which threads I have already read or I still have to read., it seems I can not convert a read thread into an unread thread.
• Copy the post of interest to a small "TextEdit" file (on a Mac) or similar text file on Windows.
• If you want to keep post info here on MFO, copy the post of interest to "Start New Discussion" and then save that to "My Drafts" instead of posting it.
I will try to draft a comment in this thread but not post and let us see if that puts the thread also in the My Drafts folder. It decreases the amount of work for the intended result!
Edit: it worked this time.