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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Appearances
Australian Finance Podcast · Property vs. Shares | Money & Regret Ft. Andrew Page · 23 Aug 2021
podcast
And I think a big part of that is
because of this collaborative sort of environment we've got, but one where people can challenge each other, again, respectfully, kindly, but with that view in mind of trying to get a firmer idea of your investment case.
So it's either, so as I say, it either knocks it over, in which case you either sell out or don't invest in the first place.
That is a huge win.
or it helps strengthen that idea.
And when that's the case, because even if you've got the best investment idea in the world, it's never going to go up in a straight line.
And so it helps you with your emotional fortitude.
It helps you stay true when things get scary and volatile.
So when you've got a great investment, you buy it at a sensible price.
And then the market being the market hands you a big serve of humble pie and it drops 20% the next day, or we have a
global pandemic or, you know, an Icelandic volcano erupts or any kind of external factor happens, it gives you the conviction to actually, I'm not going to sell.
This is great.
In fact, now it's cheaper.
I might even buy more.
Whereas you and I both know, mate, that generally speaking, the human nature is such that in most cases, what you want to do is you will doubt yourself and you will sell.
So strengthening that conviction through challenging is why we, there's a long answer.
That's why it's called straw man.
Let's call it what it is.
Let's call a spade a spade.
So like you, mate, I've been investing in the share market for a long, long time.
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