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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Australian Finance Podcast · Property vs. Shares | Money & Regret Ft. Andrew Page · 23 Aug 2021 podcast

So we're in the process of polishing that up.

So please bear with us.

What you can do, which you've alluded to, is you can paper trade the market.

The other thing that you can do is that you can use Strawman as an investment diary.

I really think that's more important in a lot of ways.

The share market can teach you the wrong lessons.

I've got friends who started investing just by happenstance at the start of a bull market.

It's very easy to convince yourself that you are Warren Buffett.

It's that rising tide lifts all boats kinds of things.

In the share market, you can be right for the wrong reasons.

You can buy a share and it can do really well, but for no reason

that you deserve to do well on it.

It was just luck and right place, right time kind of stuff.

So what I would encourage you to do if you, unfortunately, premium is closed at the moment.

We're not accepting new members.

So if you go there and you open up a free account, by all means, have a bit of fun trading the market.

But I would encourage you to, on these reports, write down the reason that you're buying the company.

write down the risks as you see them, write down some notes, baby on manage, all the kinds of things that you might want to look at.

And by the way, I know you've covered this extensively with all your podcasts, so we're not going to go into it now, but do that as an exercise.

It will be far more valuable than just saying, oh, after three months, I happen to be up on this highly speculative stock, which can give you a false sense of confidence.

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