IFB108: Minimalism




The Investing for Beginners Podcast - Your Path to Financial Freedom show

Summary: <br> Announcer:                        <a href="https://www.temi.com/editor/t/_XX9d3Xkx4WLZLsduNWg03U_C5s-s4jtVzafvJZaQXizCFdNumOV0nwGDMRCb7DCa54nSkiaYWXCz98jsUkEhA_6qAA?loadFrom=DocumentDeeplink&amp;ts=0.27">00:00</a>                     You’re<br> tuned in to the Investing for Beginners podcast. Finally, step by step premium<br> investment guidance for beginners led by Andrew Sather and Dave Ahern. To<br> decode industry jargon, silence crippling confusion and help you overcome<br> emotions by looking at the numbers. Your path to financial freedom starts now.<br> <br> <br> <br> Dave:                                    <a href="https://www.temi.com/editor/t/_XX9d3Xkx4WLZLsduNWg03U_C5s-s4jtVzafvJZaQXizCFdNumOV0nwGDMRCb7DCa54nSkiaYWXCz98jsUkEhA_6qAA?loadFrom=DocumentDeeplink&amp;ts=37.23">00:37</a>                     All<br> right folks, welcome to Investing for Beginners podcast, this is episode 108 tonight<br> Andrew, and I are going to talk about minimalism. Yes, minimalism. We’re going<br> to talk about how minimalism can help you in a variety of different avenues of<br> your life. And of course we’ll talk about the stock market and finance and some<br> of that fun stuff, but we’re just going to kind of go and see where this takes<br> us.<br> <br> <br> <br> Dave:                                    <a href="https://www.temi.com/editor/t/_XX9d3Xkx4WLZLsduNWg03U_C5s-s4jtVzafvJZaQXizCFdNumOV0nwGDMRCb7DCa54nSkiaYWXCz98jsUkEhA_6qAA?loadFrom=DocumentDeeplink&amp;ts=61.07">01:01</a>                     So<br> Andrew and I were talking off the air before we got on about this and I wanted<br> to share some thoughts I had on somehow minimalism can help me with, for<br> example, investing. So one of the things that have helped me a lot, and I’ve<br> got this from some of my Gurus Warren Buffet, Charlie Munger, Monish Pabrai<br> among others, Vitaly, many of these people. And one of the things that I do is<br> I try to tune out the noise a lot. Uh, I don’t watch the news hardly at all. I<br> don’t watch CNBC. I don’t have, you know, Bloomberg TV blaring at me all day<br> long. I don’t pay attention to that stuff. It gets in the way. It distracts me<br> from what I need to be doing, which is focusing on a company and trying to<br> learn as much as I can about that particular company. And you know, thinking<br> along those lines, thinking about how I can become smarter, better investor and<br> getting distracted by all the different opinions and thoughts of things that go<br> on. For example, you know, fin twit, that’s one of my guilty pleasures if you<br> will, is going on Twitter and reading all the, you know, stuff that’s going on<br> in the finance world from all these people that I follow. And it could be very<br> entertaining sometimes, sometimes for good, sometimes for not so good. And it<br> can take you down a rabbit hole.<br> <br> <br> <br> <br> <br> <br> <br> Dave:                          &amp;nbsp...