This week's blogpost - https://bahnsen.co/3WlUXwC

Mastering the Art of Investing: The ‘Tell Me More’ Approach

In this episode of the Thoughts. So Money podcast, hosts Trevor Cummings and Blaine Carver dive into the critical topic of timeshares, using it as a springboard to discuss the importance of maintaining an inquisitive mindset in investing. They emphasize the value of asking more questions, understanding the difference between earnings growth and multiple expansions, and the necessity of being aware of portfolio concentration. The conversation also explores boom and bust cycles and how to avoid being caught on the wrong side of market fluctuations. Through relatable analogies and real examples, they advocate for a thoughtful and cautious approach to investing, aiming to create sustainable growth while avoiding speculative pitfalls.

00:00 Introduction and Welcome

00:16 The Allure and Pitfalls of Timeshares

01:04 Skepticism in Investing

04:16 The 'Tell Me More' Principle

07:10 Understanding Portfolio Movements

08:20 The Role of Concentration in Investing

12:16 Earnings Growth vs. Multiple Expansion

18:53 Understanding Boom and Bust Cycles

19:09 The Importance of Attribution in Finance

20:09 Concentration in the S&P 500

21:26 Sector Analysis and Market Performance

22:32 The Impact of Sentiment on Stock Prices

25:07 Speculation vs. Investment

25:20 The Role of Price-Earnings Ratios

29:39 Concentration and Sustainability

29:54 The Boom and Bust Cycle Explained

36:32 Behavioral Coaching in Finance

38:26 The Concept of Yield on Cost

39:55 Final Thoughts and Listener Engagement

Links mentioned in this episode: