IFB136: Investors Don’t Know Anything (About the Future)




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

Summary: <br> Announcer:                        <a href="https://www.temi.com/editor/t/jDd5sVQxC58keUq3Bj1wffMv_iVHXE8pGi165J1H2g6qN1l3szJ7M5ibY9CLByABhRoxS9B92SatKlA2kYgGouu4jMU?loadFrom=DocumentDeeplink&amp;ts=0.63">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/jDd5sVQxC58keUq3Bj1wffMv_iVHXE8pGi165J1H2g6qN1l3szJ7M5ibY9CLByABhRoxS9B92SatKlA2kYgGouu4jMU?loadFrom=DocumentDeeplink&amp;ts=35.79">00:35</a>                     All<br> right folks welcome <a href="https://podcasts.apple.com/us/podcast/investing-for-beginners-podcast-your-path-to-financial/id1210741497">to<br> Investing for Beginners</a> podcast. this is episode 135, tonight Andrew and I<br> are going to discuss that Andrew had this great idea that we would talk about<br> what investors know, which is nothing he is forecasting the future and what<br> analysts mean when they think about what’s going on in the future and how we<br> don’t know what could become. And if we do well, then you’re smarter than us.<br> So without any further ado, I’m going to go ahead and turn over to Andrew and<br> Andrew is going to go ahead and take it away. All right, Andrew<br> <br> <br> <br> Andrew:                              <a href="https://www.temi.com/editor/t/jDd5sVQxC58keUq3Bj1wffMv_iVHXE8pGi165J1H2g6qN1l3szJ7M5ibY9CLByABhRoxS9B92SatKlA2kYgGouu4jMU?loadFrom=DocumentDeeplink&amp;ts=70.28">01:10</a>                     Yeah,<br> thanks, Dave. I had, so I have four bullet points on this, just kind of different<br> examples because something about this topic is pressing and I feel it needs to<br> be sent at the same time. I think it’s very inspiring and it can certainly help<br> somebody who’s a value in this or somebody who’s trying to be a contrarian.<br> When you’re trying to buy stocks at a discount to their intrinsic value, you’re<br> going to have to go against a lot of them. Maybe at first, these not the right<br> word, but you know, you have to go against the grain. You have to go against<br> what the popular opinion is on the stock and you know, sometimes the popular<br> opinions, right? And sometimes it’s wrong. And so we can kind of look at the<br> stocks we’re looking at today and maybe our South, here are some reasons why<br> the stock is probably undervalued. Maybe there are good reasons and here are<br> some reasons that are probably just been alerted talk, you know, just like,<br> <br> <br> <br> Andrew:                              <a href="https://www.temi.com/editor/t/jDd5sVQxC58keUq3Bj1wffMv_iVHXE8pGi165J1H2g6qN1l3szJ7M5ibY9CLByABhRoxS9B92SatKlA2kYgGouu4jMU?"></a>