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From Warren Buffet Disciple to r/wallstreetbets Reject
Manage episode 313771202 series 3285914
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Blake Matson used to be a software engineer at Google, where he diligently maxed out his 401k, paid down his mortgage, and invested the rest of his savings in a diverse portfolio of low-cost index funds. He kept a copy of 'A Random Walk Down Wall Street' on his coffee table. He gave free financial advice to his friends. He scoffed at day traders, opting instead for disciplined, rational investing.
Today, he's unemployed, $10,000 deep in penny stocks, and checks meme coin prices multiple times a day. Where did it all go wrong? In this episode, Blake shares his journey from Buffett disciple to r/wallstreetbets reject.
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