031 Investing is a zero sum, selfish game - Conservative, concentrated stock picking podcast

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Written Post: http://stockpickinginsights.com/investing-is-a-zero-sum-selfish-game

0:00 Intro

0:18 Summary

2:15 Passive ownership = zero-sum

4:48 Action points

Summary

  • The company you own produces new goods and services, so it isn’t a zero-sum case;
  • Passive ownership is useless to everyone but yourself;
  • Entrepreneurship is a direct contribution to the world, unlike stock picking.

Action points

  • Do I care about contributing to the evolution of humanity?
  • Are the companies that I own focused on producing goods and services?

Spotify: https://open.spotify.com/show/2uFjecBDw6KDEYA6Zbk7ah?si=aOPLtnfPRnuhdaEF_eMeZw&nd=1

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