IFB108: Minimalism

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Dave:                                    00:37                     All
right folks, welcome to Investing for Beginners podcast, this is episode 108 tonight
Andrew, and I are going to talk about minimalism. Yes, minimalism. We’re going
to talk about how minimalism can help you in a variety of different avenues of
your life. And of course we’ll talk about the stock market and finance and some
of that fun stuff, but we’re just going to kind of go and see where this takes
us.



Dave:                                    01:01                     So
Andrew and I were talking off the air before we got on about this and I wanted
to share some thoughts I had on somehow minimalism can help me with, for
example, investing. So one of the things that have helped me a lot, and I’ve
got this from some of my Gurus Warren Buffet, Charlie Munger, Monish Pabrai
among others, Vitaly, many of these people. And one of the things that I do is
I try to tune out the noise a lot. Uh, I don’t watch the news hardly at all. I
don’t watch CNBC. I don’t have, you know, Bloomberg TV blaring at me all day
long. I don’t pay attention to that stuff. It gets in the way. It distracts me
from what I need to be doing, which is focusing on a company and trying to
learn as much as I can about that particular company. And you know, thinking
along those lines, thinking about how I can become smarter, better investor and
getting distracted by all the different opinions and thoughts of things that go
on. For example, you know, fin twit, that’s one of my guilty pleasures if you
will, is going on Twitter and reading all the, you know, stuff that’s going on
in the finance world from all these people that I follow. And it could be very
entertaining sometimes, sometimes for good, sometimes for not so good. And it
can take you down a rabbit hole.







Dave:                           ...