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Joseph Moore

πŸ‘€ Speaker
590 total appearances

Appearances Over Time

Podcast Appearances

Motley Fool Hidden Gems Investing
How to Get Rich in American History

It doesn't pay.

Motley Fool Hidden Gems Investing
How to Get Rich in American History

I actually own, I own an acre of land on the Sea of Serenity because there was this big movement in the 1930s to be like, whoever can own the moon will own the future.

Motley Fool Hidden Gems Investing
How to Get Rich in American History

And so believe it or not, these things are still around.

Motley Fool Hidden Gems Investing
How to Get Rich in American History

So it was advertised as having phenomenal earth views and zoned for tourism.

Motley Fool Hidden Gems Investing
How to Get Rich in American History

And I was like, well, yeah, that makes sense.

Motley Fool Hidden Gems Investing
How to Get Rich in American History

Because if it was zoned for heavy industrial, then the phenomenal earth views would not be as good.

Motley Fool Hidden Gems Investing
How to Get Rich in American History

So let me pivot to something maybe a little more practical for your audience.

Motley Fool Hidden Gems Investing
How to Get Rich in American History

Here's what I tell people, and this does get me in some hot water.

Motley Fool Hidden Gems Investing
How to Get Rich in American History

You can beat the market.

Motley Fool Hidden Gems Investing
How to Get Rich in American History

Trying to beat the market is a waste of your time, though.

Motley Fool Hidden Gems Investing
How to Get Rich in American History

because back to my original idea, so many different things can work well, that if you individualize success for yourself, instead of trying to beat the other guy, if you can actually invest your way into an incredible life, but if you try to beat the market, you might actually do it.

Motley Fool Hidden Gems Investing
How to Get Rich in American History

And that might be the worst outcome.

Motley Fool Hidden Gems Investing
How to Get Rich in American History

So when I read the economics paper, the Kramer bounce,

Motley Fool Hidden Gems Investing
How to Get Rich in American History

It basically says under this very strict set of criteria, and only under that set of criteria, when Jim Cramer on his show Mad Money suggests buying a stock, that stock will bounce for 50 to 55 days and then come back to earth and you can short it.

Motley Fool Hidden Gems Investing
How to Get Rich in American History

So I'm like, great, we're gonna make tons of money doing this, right?

Motley Fool Hidden Gems Investing
How to Get Rich in American History

And so I start glued to the television

Motley Fool Hidden Gems Investing
How to Get Rich in American History

for three months of my life waiting for all these factors to align so I can go short a stock and take advantage of someone else in his audience.

Motley Fool Hidden Gems Investing
How to Get Rich in American History

Technically, my trades beat the market.

Motley Fool Hidden Gems Investing
How to Get Rich in American History

But while I was having Jim Cramer yell at me like I was a child, I heard my wife scream, come quick, she's doing it.

Motley Fool Hidden Gems Investing
How to Get Rich in American History

And I missed my daughter's first steps.