Losing everything you have - E 34
Description
On this episode we cover :
Divakar's story and reason for writing in
Should one be extra safe after hearing a story like this?
Pattu talks about 'clumped' returns
We must be ready for losses
How inflation could be different for different people (depending on their goals)
Laser focus on just one thing: The Corpus
Virtual Pattu and Sid vs a Real world example - what truth should Divakar believe
Emotional Logic and what it means
Go through the pain - Scars tell us that the past was real
Pattu's advice for Divakar's friendPattu feels that most index fund investors will never be successful. Find out why!
Stop losses, and when they are relevantDoes thinking of the worst case scenario help while investing?
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