I chat with Emmet Peppers about S&P 500 inclusion update, narrative vs action, green pastures, recommended courses, survivorship bias, the keys to Emmet's success, and the combo of detachment, blended probability perspective, psychology of outcomes, and the power of the big bet.

Emmet on Twitter: emmetpeppers

Emmet's website: https://goodsoilinvestment.com/

LIVE Update on Emmet Peppers' Big TSLA Options Bet (Ep. 197), https://youtu.be/X3WE2XGS_TI

Emmet Peppers: Betting 7 figures on TSLA S&P 500 Inclusion (Ep. 194), https://youtu.be/CJUlkzFfBUU

How I Went From $1M to $30M+ In 2020: Chat With Emmet Peppers (Ep. 176), https://youtu.be/6-Sw6VcNHpQ

2014 interview with Emmet: https://www.youtube.com/watch?v=SfYqwv37bP4

Timestamps

0:00 - Intro

0:55 - Emmet’s trade update

2:28 - Risk of speculators flipping to S&P

4:40 - Tesla doing a stock offering

6:50 - S&P is a share price catalyst

9:07 - S&P’s Monday announcement

10:30 - Crafting research vs verifying what’s true

14:05 - How to discern what’s true

15:45 - Big loss example even with early success

17:15 - Stripe IPO via SPAC theory

21:20 - How did Emmet verify veracity of S&P rise theory?

24:05 - Courses for options trading

32:45 - How to learn about options

34:25 - Survivorship bias

38:15 - Role of ambition in investing

43:05 - Have you followed someone else’s trade?

45:05 - Unsureness in investment moves

50:35 - What’s the key insight that allows your brain to find opportunity?

54:00- Dave’s take on Emmet’s investment insights

1:05:15 - Efficient market hypothesis

1:10:15 - Conclusion

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