Andrew Page

speaker

463 appearances 1 recordings 1 series first heard Aug 2021 last heard Aug 2021

Andrew Page’s voice in public audio — every appearance, attributed to the second.

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So that's what we're all about.

This is like a fundamental belief of mine when it comes to investing is that the best way to improve an investment idea is to challenge it.

It's very bruising to the ego, but I do kind of feel as like, look,

dude, you're either right or you're wrong, right?

And if you're wrong, the stock market is going to show that to you.

It will reveal that to you in the course of time, one way or the other.

And that's going to result in a painful financial loss.

So if it is wrong, I want to know before that happens.

And I would rather that it be my ego that gets a little bit bashed and bruised rather than my portfolio.

So the idea with Strawman, well, the name of Strawman is that we want people to challenge ideas.

So, yeah, put up your idea.

What do you think is worth buying?

You know, tell us.

How much do you think it's worth?

What's the investment thesis?

What are the risks around that?

And then hopefully people can come and sort of shoot it down in flames in a very respectful, polite way.

I'm probably not doing a great job of selling it here, but it is immensely powerful.

In fact, we run this thing called the Straw Man Index, which just takes the portfolios of all of our members and just aggregates it together.

It's done something like 40% compound return over the last three and a half years.

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