The bible tells us, “Pride goes before destruction, and a haughty spirit before a fall” (Proverbs 16:18) a warning about overconfidence and how arrogance frequently leads to failure. In our culture, we often hear these famous last words precluding a fall, “It’s a sure thing.”
If you’re a frequent visitor to Thoughts On Money then you know I love the game of basketball. I love playing basketball, talking basketball, watching basketball, and anything else that relates to the game of basketball. My wife can attest to the fact that I even sometimes let our two-year old eat in the living room with me, so we can watch the game during dinner – of course, this is absolutely justifiable, as we are amidst the NBA playoffs.
Today on TOM we will discuss basketball, Bitcoin, leveraged ETFs, gambling, and why investors should always beware of a sure thing. What a combination of topics! And off we go…
Featuring Sean Latimer, Private Wealth Advisor at The Bahnsen Group
Links mentioned in this episode:
Trevor is a Partner, Director of our Private Wealth Advisor Group, and Author of Thoughts on Money.
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