Before making an investment it is a good idea to determine if you have an “advantage”.  In this episode we go over the 3 types of advantages you should look out for.

    • Informational Advantage – do you have access to information that is not readily available to the public?  Can you use that information to give yourself an advantage in an investment?
    • Analytical Advantage – can you take the information everyone has and analyze it in a more comprehensive way?  Are you able to connect the dots to give yourself an advantage?
    • Behavioral Advantage – are you able to divorce the emotion from the financial decision making.  Can you maintain a logical and rational response to all of the stimulus that comes from making a large financial investment?

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