473- Last of the Mohicans
To be a well-informed investor, it's crucial to read widely across various topics. This broad knowledge base enhances your ability to make strategic investment decisions by understanding industry dynamics, economic trends, and global events.\n\nInvesting involves betting on the future of the country where you place your money, making a comprehensive worldview essential for success. While some may dismiss those without formal education in a specific field, unconventional thinking can offer unique and valuable insights in the investment world.\n\nOn this week\u2019s episode, Phil and Danielle take a look at the frontier economics of Daniel Boone, and how going outside the bounds of investing and finance can be a huge advantage for value investors.\n\nTo learn how to better plan, save, and invest at any age, click here for a free copy of Rule #1\u2019s guide Map Out Your Investing Journey:\xa0https://bit.ly/3DTy4qN\n\nTopics Discussed:\n\nJuly 4th\n\nThe importance of reading broadly\n\nDaniel Boone/Westward expansion\n\nBuffett on betting against America\n\nConfirmation bias\n\n\nResources Discussed:\n\nLast of the Mohicans\n\nIrrational Exuberance\n\nJRE with Terrence Howard and Eric Weinstein\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices