30 min listen
Basics: Forget Stock Picking
ratings:
Length:
26 minutes
Released:
Sep 16, 2018
Format:
Podcast episode
Description
With our live shows done, we wanted to discuss a theme that came up over and over again in our listener Q&A and conversations afterwards. It's a question both of us had when we started investing and it is one that can lead a lot of people to put investing in the 'too hard' basket. That question is - how do I pick the perfect stock? It's a question that professional investors struggle to answer - even Warren Buffett had his IBM moment. Importantly, it is one that can get new investors lost in a sea of jargon, ratios and charts. So in this episode we explain why new investors should forget stock picking and explain how achieving market average returns over a long time period is all you need. In this episode you will learn: • Why stock picking is the wrong focus for new investors • The three things that investors should focus on instead - reducing the costs you can control, diversifying and asset allocation • How both of us think about stock picking v market average returns Stocks and Resources Discussed: • The Economist - Fund managers rarely outperform the market for long • Slater and Gordon (ASX: SGH) • A2 Milk (ASX: A2M) • Bellamy's (ASX: BAL) Hosted on Acast. See acast.com/privacy for more information.
Released:
Sep 16, 2018
Format:
Podcast episode
Titles in the series (100)
EM Chat: The Journey Begins: Welcome! We're so happy that you've decided to come on the journey with us, as we talk all things investing. Equity Mates has been in t... by Equity Mates Investing Podcast