In this episode, Mark asks what is important first - the investments or the planning? Initially investments drive planning, but what you want eventually is that to be the other way around. If my investments aren't doing the best they could be, what steps do I have to take to figure out how to get there? The reason investors are unsuccessful usually has to do with behavior. What is the outcome to you investing? Mark then discusses Tesla vs Ford. You must ask what your sell discipline will be if you’re going to be successful! He also talks about GARP: Growth At a Reasonable Price. Growth managers are willing to pay more for a company due to the growth of the company. Money managers are willing to pay more for growth but when does it become too much. 

April 5, 2017