1375: Aruba, Jamaica Oh I Wanna Take You To: Success & The Hartman Risk Evaluator - Pt 3
Creating Wealth Real Estate Investing & Income Property
English - January 23, 2020 22:00 - 32 minutes - 22.9 MB - ★★★★★ - 43 ratingsInvesting Business wealth finance money real estate Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Successful people aren’t martians! Success is possible for everyone. Jason Hartman speaks on taking advantage of a lucky situation by preparing for the opportunities that will inevitably drop into our lives.
Then, Jason and George Gammon return for the conclusion of our three part story: the building blocks of the Jason Hartman Risk Evaluator. Jason also shares a modern day story taking place in Seattle, proving once again the risk of investing in a cyclical market.
Key Takeaways:
[3:45] The vast majority of us came from very humble beginnings
[8:06] “Luck is what happens when preparation meets opportunity” - Seneca
[10:24] The content is what happens, the context is the environment (our head) it happens in
[17:45] The risk when investing is in high land values
[18:26] Three types of markets: linear, cyclical and hybrid. What market is a preferred market for investing?
[23:00] Low land value equals low risk, high land value equals high risk
[28:10] Human biases: recency bias, sunk-cost bias, and certainty bias can all distract an investor
Websites: