How do you find great investment ideas?

Travis Hoium

11-02

1. Take your spouse's credit card statement

2. Rank by $ spent and # of line items

Go through the list from top to bottom. There's at least one great idea in the Top 5 and a hidden gem near the bottom.

It's OK to fail.

We don't talk about this enough.

Risks entail upside.

It also involves downside risk.

Most businesses fail.

That doesn't mean the founders are failures.

Embrace failure when it arrives.

Learn from it.

And try again.

I love seeing my stocks go up, but I'm starting to get uncomfortable with the market's valuation.

This is why I have frameworks. I'm not timing the market, just buying the best stocks I can every month.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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