Value Investing In Your Car Episode 44 – The Importance of Always Being Prepared
I’m curious about everything so this leads to a range of reading and learning outside of value investing, finance, and investing.
In these Value Investing In Your Car episodes, we talk about some of these things and much more to help you become a better value investor faster.
- Mental models
- When does value investing work best
- Where it works
- You get book reviews from everything I learn from
- I talk about the most important thing I learned in 2017
- How to learn faster
- The 4 most useless investing metrics
- If I could only use 3 investing metrics, what would they be
- And much more…
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Today, I tell you the importance of always being prepared…
The Importance of Always Being Prepared
Here are my thoughts on this topic…
In the 14-minute video above, I tell you why being prepared is ultra important
Some of the things I talk about in the video are:
- Why preparation is so important
- In every day life…
- And how in value investing it gives you a margin of safety
- How this helped me close a couple recent real estate transactions
- And how it helped my family and I get into our new home
- How it helped us sell our old home
- How preparing gives you a huge advantage over others
- And more…
What do you think of preparation? Do you think its important? Why or why not?
Let me know in the comments below.
And before we go, here’s another quote about preparation…
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