Shark Attacks, Oil Spills & Investing: Media Noise & Behavior of Our Mind
The Financial Coach tackles the biggest subjects of investing: How markets work and how news and media seeks to influence our behavior.
The Financial Coach tackles the biggest subjects of investing: How markets work and how news and media seeks to influence our behavior.
Podcast of the Financial Coach Show from 3.28.10, – Featuring “The Financial Coach”, Bryan Binkholder and Jim Winkelmann of Blue Ocean Portfolios.
Most investors are their worst enemies when it comes to investing along with the corrupt marketing system of selling investments that we call Wall Street & brokerage firms (and their minions: Financial Salespeople). Not understanding our risks in an investment strategy, falling prey to clever marketing and ‘Past Performance’ along with emotions that sidetrack us [...]
(click on title to watch the video) As the new year approaches and stock picks galore are posted on websites, magazines and television shows, remember the basics of investing. This video will also help us learn why so many investors and professionals receive abysmal returns and always seem to be making the wrong moves.
The worst way to potentially destroy your wealth is to invest in individual stocks. While there may be some people who (for themselves) can pick winners and etc, the vast majority and especially large mutual funds CANNOT pick winners consistently and predictably.