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Podcast: Stock Stories
Episode: Mental Model: Multiplying by Zero - Sometimes, One Thing Negates Everything
Description: Multiplying anything by zero equals zero. It's a numerical truth that we learn when we're young and in school. Sadly, I think this concept gets applied to little more than math and people's homework when they're in formal education programs. How can we apply this concept beyond the numerical and theoretical?Today's episode explores what happens when we take the concept of multiplying by zero and apply it to life and investing. We'll talk about:The basic definition of Multiplying By ZeroAn further explanation of the conceptPutting the mental mode...