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Repeat Episode. Have been busy this week at the ASA QLD Invstor Summit on the Gold Coast. Saw Michael Kemp again and thought that this episode bore a repeat for all of the great investing insights.
What does an epic poem written around 700BC tell us about investing? How are investors tempted to steer their money onto the rocks of investing underperformance? My guest is Michael Kemp, author of The Ulysses Contract.
There's plenty of great lessons in this interview & much more in the book. There's a lot to avoid but as Michael says: "Don't be discouraged by all the negative arguments I'm putting forth. I don't believe you need to become a champion to become a really good investor. Market returns are fantastic returns as long as you achieve them. Don't try and shoot for the stars cuz you're probably full flat on your face. But if you accept that you're gonna be delivered market returns and you are patient, then market returns can be spectacular returns given the power of compounding."
Blog post available at: https://www.sharesforbeginners.com/blog/ulysses
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🌎 Level up your investing with Sharesight, Investopedia’s #1 portfolio tracker for DIY investors. Click here to save 4 months on an annual paid plan
🌎 Life Sherpa Invest helps beginners start with confidence. Invest hassle-free now
🌎 When you’re ready to go beyond ETFs, learn from the master - Tony Kynaston’s QUALITY AT VALUE. Sign up with code SFB for a 20% discount on QAV Club plan or SFBLIGHT for a free month of QAV Light
🌎 $30 Off Seeking Alpha Premium Access - proven stock ratings, data-driven insights, and institutional-grade tools for just $269 for your first year! Try the premium plan free for seven days!
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Hosted on Acast. See acast.com/privacy for more information.
5
22 ratings
Repeat Episode. Have been busy this week at the ASA QLD Invstor Summit on the Gold Coast. Saw Michael Kemp again and thought that this episode bore a repeat for all of the great investing insights.
What does an epic poem written around 700BC tell us about investing? How are investors tempted to steer their money onto the rocks of investing underperformance? My guest is Michael Kemp, author of The Ulysses Contract.
There's plenty of great lessons in this interview & much more in the book. There's a lot to avoid but as Michael says: "Don't be discouraged by all the negative arguments I'm putting forth. I don't believe you need to become a champion to become a really good investor. Market returns are fantastic returns as long as you achieve them. Don't try and shoot for the stars cuz you're probably full flat on your face. But if you accept that you're gonna be delivered market returns and you are patient, then market returns can be spectacular returns given the power of compounding."
Blog post available at: https://www.sharesforbeginners.com/blog/ulysses
📈 CHECK OUT THESE INVESTING TOOLS:
Â
🌎 Level up your investing with Sharesight, Investopedia’s #1 portfolio tracker for DIY investors. Click here to save 4 months on an annual paid plan
🌎 Life Sherpa Invest helps beginners start with confidence. Invest hassle-free now
🌎 When you’re ready to go beyond ETFs, learn from the master - Tony Kynaston’s QUALITY AT VALUE. Sign up with code SFB for a 20% discount on QAV Club plan or SFBLIGHT for a free month of QAV Light
🌎 $30 Off Seeking Alpha Premium Access - proven stock ratings, data-driven insights, and institutional-grade tools for just $269 for your first year! Try the premium plan free for seven days!
🌎 START INVESTING TODAY WITH ETORO
Hosted on Acast. See acast.com/privacy for more information.
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