The following is a concise summary of the transcript:
The speaker is a former stock trader and the CEO of Heummeori, a company that provides investment advice. He shares a one-point lesson on how to catch bad habits in stock investing and how to change them. He explains how the rate of return recorded in the account can create optical illusions and psychological biases that affect the investor's decisions. He suggests that the goal should be to pursue stocks that have a triple-digit rate of return and to hold them for a long time, while avoiding watering down or selling off the profitable stocks too soon. He also recommends laundering the losing stocks by selling and buying them again to break the favoritism and cognitive dissonance. He compares stock investing to human relationships and says that the best stocks are the ones that have a positive and stable influence on the investor's life. He concludes by saying that he will explain more investment compasses in future videos.
Here are the key facts extracted from the text:
- The speaker is the first CEO of Heummeori, Youngrok, and a former stock trader.
- The speaker's main goal is to help people develop their true skills in stock investment and avoid common mistakes.
- The speaker introduces a method of pursuing stocks with triple-digit returns and explains the psychological benefits of doing so.
- The speaker also advises to wash the returns of losing stocks by selling and buying them again, to avoid favoritism and cognitive dissonance.
- The speaker compares stock investment to human relationships and emphasizes the importance of holding on to the profitable stocks for a long time.