In this episode with discuss a recent blunder by the winner of a large sports bet who suffered some serious overconfidence with his ability to predict future outcomes. We also dig into a common financial myth that is still being pushed by some folks in financial media.

Here are some of the articles we reference in this show:

https://dqydj.com/dow-jones-return-calculator/

https://dqydj.com/sp-500-periodic-reinvestment-calculator-dividends/

https://www.golfchannel.com/news/famed-masters-gambler-bets-tiger-grand-slam-win-10-million

https://www.cnbc.com/2017/06/18/the-sp-500-has-already-met-its-average-return-for-a-full-year.html

https://www.cnbc.com/2017/06/18/the-sp-500-has-already-met-its-average-return-for-a-full-year.html

 

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