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The Investing for Beginners Podcast

@ifb_podcast

Breaking down the stock market for beginners, using everyday language | Available everywhere | Sign up for our Nuggets emails to continue your learning ⬇️

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linkhttps://einvestingforbeginners.ck.page/831b34ec60 calendar_today16-07-2021 20:36:42

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Howard Marks on 1st Level Thinking vs 2nd Level: First-level thinking says, “It’s a good company, let’s buy the stock”. Second-level thinking says, “It’s a good company, but everyone thinks it’s a great company, and it’s not. So the stock’s overrated and overpriced; let’s