Avoid This Investing Mistake That Could Cost Millions (Ep.56)

Follow me on Twitter: https://twitter.com/heydave7 Follow me on Instagram: https://www.instagram.com/heydave7 An Alternative Plan to Mitigate the Spread of COVID-19 and Get Americans Back to Work - https://medium.com/@heydave7/an-alternative-plan-to-mitigate-the-spread-of-covid-19-and-get-americans-back-to-work-d1c18c052bf0 Watch this video on what a 10x company is, https://www.youtube.com/watch?v=r9HtG-jJSTY Watch this video on how new tech goes mainstream, https://youtu.be/gVsFsydllNo Check out my archived articles/posts on Tesla and investing: https://teslamotorsclub.com/tmc/threads/articles-megaposts-by-davet.23473/#post-485768 The worst kind of mistakes are the ones you don’t even know you’re making. Because without knowing the mistakes, you can’t correct them. Bias is probably one of the biggest investment mistakes you can make. 1. Don’t even know you’re making it 2. Helps you make poor decisions 3. Makes you blame others for your poor decisions Without seeing accurately, chances to make good investments is very low. For some people - might make sense to stop investing, start trying to fix your biases Or can try to do it over time Point of the channel Different angles, deeper view, more accurate thinking Rehabilitate thinking… question biases Bias is the poison. Objectivity and clear thinking is the antidote. But I’ll go over a few bias examples in investing to get your mind thinking. 1. Brand Bias 2. Expert Bias 3. Limitation Bias Disclaimer: All content on this channel is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of information on this channel. Author is long TSLA at time of original video publish date. Tags: Tesla, TSLA, Elon Musk, Model 3, Model Y, Cybertruck, Investing

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