In this episode, Mark talks about how “investing is a gambling process”. Most of the time commons stocks are subject to irrational and excessive price fluctuations. This causes most people to speculate and gambles give way to hope, fear and greed. He also talks about the responsibility of investing, which revolves around trust. You are either a fiduciary or the “prudent man” process. Investors have a right to know what they’re paying for when their money is put somewhere. You must have a sell discipline in place in order to reach your goals!

May 1, 2017