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Kostas on F.I.R.E. 🔥
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Confirmation Bias and Investing How this behavioral fallacy affects your investing decisions/THREAD/ 1/ Confirmation bias is a behavioral fallacy from the field of cognitive psychology.It is attributed to people
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List of Educational Threads on Financial Independence and Investing for Beginners#FinancialIndependence #financialeducation #financialfreedom #investing1/ Financial Freedomhttps://twitter.com/itsKostasWithK/status/1345107149446385665?s=20 2
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The Baltimore Stockbroker ParableHow one stockbroker managed to achieve a 100% success rate in predicting stock movements/THREAD/ 1/ One day you receive an unsolicited newsletter from a stockbroker in Baltimore.
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If you want to become financially independent and don't know where to start, here is a thread that will help you get started/THREAD/ 1. Review your expenses and make a
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Peter Lynch's Cocktail Party TheoryThe stock market stages and how to predict them by drinking cocktails at parties/THREAD/ 1/ Peter Lynch was a legendary investor.He didn't use complex investing methods
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Companies to AVOID/THREAD/Some tips by Peter Lynch, one of the most successful investors of all time, on which companies to avoid investing in 1. Hottest stock in the hottest industry,
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Bernie Madoff, the Michael Jordan of fraudHow one of the most esteemed investors, beyond any suspicion, created the biggest Ponzi scheme in world history/THREAD/ 1/ Madoff got his start installing
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California Gold Rush, the biggest get-rich-quick scheme in American historyHow Sam Brannan became the wealthiest man in California without selling a single ounce of gold/THREAD/ 1/ On January 24, 1848,
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Charles Ponzi and the Postal ServiceThe story of the man who put the 'Ponzi' in 'Ponzi scheme'/THREAD/ 1/ Carlo Pietro Giovanni Guglielmo Tebaldo Ponzi, a.k.a. Charles Ponzi, was an italian
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Tulips, the #Bitcoin of the 17th centuryHow a pandemic, FOMO, and speculation made a flower worth the same as a mansion/THREAD/ 1/ During the beginning of the 1630s in
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Isaac Newton: A brilliant scientist, a terrible investorHow Issac Newton lost $4 million due to the first stock market bubble in history and insider trading/THREAD/ 1/ Sir Isaac Newton is
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The Path to Financial FreedomHere are the 10 stages of Financial Freedom/THREAD/ 1/ Financial Dependence When debt payments + other living expenses > your own incomeYou need someone else (parent
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