transcript · 14,402 words

How to get rich with stocks (without math, charts or models)

Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio

really only need one great trade to be a top one percent investor. The most inherently ground truth thing of investing, the most important thing, the thing that matters more than anything else. Is I don't look at evaluation, I don't look at PE. All I look about is there is new information. I've been reading TikTok comments. That's where I get most of my alpha from. Yeah, Buffett or Munger and who were like reading the Moody's manual. Cover to cover, just company financials. And you're like, I scroll the TikTok comments. That year I made like thirty million in one year and it was You will try to beat the market, you'll trade with leverage, you're moving in and out of positions, you're not a buy and hold forever kind of guy. Just before the pandemic, I had made the worst trade of my life. I lost a third of my portfolio on a single trade. Okay, so let's break it down. This is where the biggest mistake I ever made was.

I feel like I can rule the world, I know I could be what I want to I put my all in it like my day song on a bowl that's a little bit more. You break all the rules of investing. You know all what I normally hear is Should just index Don't try to beat the market.

Don't take any leverage. You know, and so but you do the exact opposite, right? You will try to beat the market, you'll trade with leverage, you're moving in and out of positions, you're not a buy and hold forever kind of guy. According to the internet, you've done pretty well. So um I've seen some different numbers that have been float around. Can you set the record straight? What is the actual story? Yeah, I I I started with twenty thousand in two thousand and seven to try this new methodology.

That is the first couple of minutes. The rest is 1 credit.

We already have this episode, so unlocking it is cheap and permanent: the full transcript, segment and word-level timestamps, and .txt, .srt, .vtt and word-level JSON downloads, as many times as you like, forever.

10 free credits is 10 episodes like this one a month. Episodes nobody has transcribed yet cost their length in hours, because we have to actually transcribe them.