455- Weather Matrix Part 2
Last week, the episode was centered around a tool for evaluating potential investments based on the myriad factors impacting their current performance and future trajectories, a topic that our hosts dubbed \u201cthe weather\u201d of a business.\xa0While having a handle on a company\u2019s worth and a clear gauge on one\u2019s own understanding are both vital in making investment decisions, what other factors can\u2014or should\u2014influence the process?\n\nThe fundamental feeling of excitement or intrigue can be a divining rod in terms of pursuing investment opportunities, and though it can be easy to get caught up in the hype of compelling new prospect, it\u2019s also important to remember that interest can be a powerful motivator when faced with a formidable research project.\n\nJoin Phil and Danielle as they venture further into the grid of their Weather Matrix, and learn how to find your own sweet spot when it comes to investing your time into researching investments.\n\nFor help in identifying opportunities and constructing your own Weather Matrix, click here for a free copy of 6 Market Crushing Investing Principles:\xa0https://bit.ly/45szJ2v\n\nTopics Discussed:\n\nBuffett\u2019s mistakes\n\nBuffett\u2019s mistakes cont.\n\nThe value of intrigue in investing\n\nSpeed reading\n\nToxic positivity\n\nStoicism\n\n\nResources Discussed:\n\nThe Weather Matrix (value/understanding)\n\nThe Innovation Stack\n\nSeeking Alpha\n\nThe Storyteller\n\nMan\u2019s Search For Meaning\n\nInvested\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices