#82 - Mindset, Strategy and Dealing with Losses

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Cannabis Investing Network

Business


In this episode we talk about how rattling it can feel to see large pullbacks in the broader market leading to wilder swings in the cannabis markets. As we lived through this last week we ask - how do we prepare ourselves mentality for this volatility?  - What happened last week? Understanding why the 10 year bond rate matters - Human psychology: why is loss felt more acutely than gain? - What does loss cause investors to do? - Dispelling popular investment myths - Using stop losses vs "diamond handing" - What no one talks about (openly) in investing - Simple strategies can be better than complicated ones