Tom Wilson
speaker
387 appearances
1 recordings
1 series
first heard Dec 2022
last heard Dec 2022
Tom Wilson’s voice in public audio — every appearance, attributed to the second.
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Appearances
But it's much more long-term.
It's much more serious, I believe.
Yeah, that's a very good point too.
And it's one of the common mistakes or problems we run through is,
And I was watching Effie when she was on your show as well, talking about she has that hesitancy to get into investments sometimes.
She sort of sits back, waits for more information, and she misses the opportunity.
And that's something that we see quite often.
There's people who have done all the research.
The investment they've chosen, it matches their plan.
But then something will come along like the COVID pandemic.
And there's always going to be events like that throughout the history.
And Warren Buffett, he does a really good analysis of that.
And he runs through all the different things where people have hesitated after different big events, World War II, the tech boom, crash, GFC.
And after each of those, they have that recovery period.
And Effie mentioned that too, where she, that's one of her problems where she sometimes, you know, waits too long, misses the opportunity.
And it comes down to that hesitancy of, you know, there's something big going to happen or has happened.
But on the flip side, we've got people that jump in too quickly.
And that's something that I see more of, I think, than the actual fear of missing out type approach, where people will, they've got some money, they'll put it into an investment.
And then they'll actually ask you, so what am I actually invested in?
What does it mean?
Showing 221–240 of 387 · page 12 of 20
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