Blue Collar Money: Theories of Middle Class Investing

Investor Mindset - Value #2 Learn the Narratives

Episode Summary

In this episode we discuss the 7 truths of the financial narrative surrounding US finance. These truths are critical to providing a framework for understanding and navigating the financial and economic landscape. Learning these truths helps to cut through the clutter and empower you to make wise investment decisions.

Episode Notes

7 Truths of the Financial Narrative:

1. There will always be a market.
2. There will always be an arbitrage.
3. There will always be speculators.
4. People will always cheat, not all but some.
5. Every smaller timeframe, season, or event will be blamed for a move in the market.
6. People are people, and human nature does not change.
7. The herd will always consume.

Film: The Big Short

Proverbs 13:22 A good person leaves an inheritance for their children’s children,
    but a sinner’s wealth is stored up for the righteous.

Forexfactory.com

Book: The Fourth Turning

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