One stock that I own a good amount of is Wrap Technologies, which I've owned for years (as a co-founder). I plan on owning it for hopefully 10 more years, so I don't care if people will buy it or not.
Here's why I'm talking about this: I don't particularly care about what happens in the economy when I plan my investments. When I invest, I'm long-term and I'm looking for "moonshots" - exponentially growing industries that have the potential to take $1 and turn it into $100s.
This interview originally appeared on Phil Stutts' Undefeated Marketing Podcast (https://phillipstutts.com/podcast-episodes/) . Listen on to hear why people are lying about the economy - whether it's the Federal Reserve, the media, or economists - and what they're missing.
• Phillip Stutts' Website (https://phillipstutts.com/)
• The Undefeated Marketing Podcast (https://phillipstutts.com/podcast-episodes/)
• WRAP | Safer Policing Outcomes | BolaWrap® & Wrap Reality™ (https://wrap.com/)
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• My new book, Skip the Line (https://www.amazon.com/Skip-Line-Experiments-Surprising-Reaching/dp/0062998927) , is out! Make sure you get a copy wherever books are sold!
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• I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com (https://jamesaltuchershow.com/)
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Thank you so much for listening! If you like this episode, please rate, review, and subscribe to “The James Altucher Show” wherever you get your podcasts:
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