The Playtpus
Today, we will discuss the platypus, Kelly Clarkson, black swans, and investing.
Today, we will discuss the platypus, Kelly Clarkson, black swans, and investing.
This week's blogpost - https://bahnsen.co/3x5Xemm
The Platypus Parallel: Unmasking Investor Behavior
In this episode of the Thoughts on Money (TOM) podcast, host Trevor Cummings and his cohost Sean Latimer delve into the latest blog post that draws unexpected parallels between a zoo visit and investing. They discuss fun facts about animals from Trevor's family's frequent zoo visits and Wild Kratts adventures. The conversation transitions into a deeper exploration of black swan events in the market, the importance of not overreacting to such events, and the lack of a concrete 'antidote' for market downturns.
They emphasize the value of enduring market volatility, likened to surviving excruciating yet non-lethal platypus venom, and how past experiences build resilience, drawing a whimsical reference to Kelly Clarkson's song 'What Doesn't Kill You Makes You Stronger.' Practical examples of hedging, market timing, and long-term investing strategies are explored, illustrated with engaging anecdotes and market insights.
00:00 Introduction to the Podcast 00:25 Zoo Adventures and Fun Facts 03:33 Investment Philosophy and Market Analogies 06:23 Black Swan Events and Market Timing 10:09 The Cost of Hedging and Insurance Strategies 16:12 Endurance and Long-Term Investing 21:41 Final Thoughts and Conclusion
Links mentioned in this episode:
Trevor is a Partner, Director of our Private Wealth Advisor Group, and Author of Thoughts on Money.
View episodes
Get new episodes of Thoughts On Money [TOM] automatically
