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The DIY Investing Podcast

Do you want to learn how to manage your own investments? Are you ready to stop paying investment management fees and start building wealth? The DIY Investing Podcast is dedicated to providing you with the knowledge, skills, and resources you need to be a better investor. Learn how to make investments through the use of fundamental analysis, mental models, and business management insights.

 

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  2. 96 - The difference between "Right" and "Useful" for investors

96 - The difference between "Right" and "Useful" for investors

Oct 11, 2020

Mental Models discussed in this podcast:

  • Discounted Cash Flows

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Show Outline

The full show notes for this episode are available at https://www.diyinvesting.org/Episode96

Summary:

Your goal as an investor is not to be the most accurate in your calculations or to do everything the 'right' way. Your goal is to make money. Sometimes the right way technically leads you to make worse decisions.