Tony Kynaston - Know Yourself

Shares for Beginners

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3y ago 34:27

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Tony's been on the podcast several times and I always enjoy our chats. We started this discussion with one of my rants about how before doing anything, beginners need to understand who they are. Learning how to become an expert stock picker is not something that happens overnight. It takes years of learning, expensive experience when you will be making costly mistakes, managing risk, and dealing the emotions that are inevitably attached to money. Many beginners think that it's just a matter of being given the right "tips". It simply doesn't work that way. As Tony says: "We're trying to teach people how to fish, not give them a fish dinner every night."

Episode Blog Post: https://www.sharesforbeginners.com/blog/tk

TONY KYNASTON is a multi-millionaire professional investor. Thanks to the checklist system he developed, the average return on his portfolio over the last 20 years has been 19.5% pa. Tony's knowledge and calm analysis takes the guesswork (and trauma) out of share market investing.

Portfolio tracker Sharesight tracks your trades, shows your true performance, and saves you time and money at tax time. Get 4 months free at https://www.sharesight.com/au/sharesforbeginners

Disclosure: The links provided are affiliate links. I will be paid a commission if you use these link to make a purchase. You will also usually receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself or where I have interviewed and/or met the founders and have assured myself that they’re offering something of value. Shares for Beginners is for information and educational purposes only. It isn’t financial advice, and you shouldn’t buy or sell any investments based on what you’ve heard here. Any opinion or commentary is the view of the speaker only not Shares for Beginners. This podcast doesn’t replace professional advice regarding your personal financial needs, circumstances or current situation.

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