In this episode, Trishul and Aaron start by comparing value versus momentum investing. They then go down the rabbit hole of why momentum strategies work (in theory). The behavior of humans wanting more and more has been around longer than the stock market. The Fear Of Missing Out and Keeping Up With The Joneses come from how we feel when making emotion-driven comparisons. And so, if you acknowledge these feelings, but then focus on the decision-making process, you may find you are happier in the end, regardless of the result.
Episode References
MMS #63. So what actually happened with GameStop?
Investing Forever - Passive Is the New Aggressive
Investing Forever - Efficient Market Hypothesis
Investing Forever - The world is full of bad drivers
Value and Momentum Everywhere
How to Cope with FOMO
How to Overcome FOMO
Buddha quote
Greater Fool Theory
Always Forward
The Social Dilemma
Warren Buffett Quote
Podcast Description
Welcome to The Mind Money Spectrum Podcast where your hosts Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Financial Planner from the Bay Area, and Trishul is a Wealth Manager on the East Coast. For more information about Aaron, check out GraystoneAdvisor.com. And for more information on Trishul check out InvestingForever.com. We thank you all for listening, and stay tuned for our latest episode on our website, MindMoneySpectrum.com.
Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Bay Area Financial Planner with GraystoneAdvisor.com, and Trishul is an East Coast Wealth Manager (InvestingForever.com). MindMoneySpectrum.com and YouTube.