In this podcast, Motley Fool host Ricky Mulvey talks with Ilya Strebulaev and Alex Dang, co-authors of The Venture Mindset: How to Make Smarter Bets and Achieve Extraordinary Growth , about: The benefits of building an "anti-portfolio." Why it pays to get outside of your own four walls. Lessons from a piggy bank auction.
Strebulaev is the founder of the Venture Capital Initiative and a professor of private equity and finance at Stanford's Graduate School of Business. Dang is a CEO, technology executive, and advisor who's worked with Amazon, McKinsey, and across Silicon Valley. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center .
To get started investing, check out our quick-start guide to investing in stocks . A full transcript follows the video. This video was recorded on May 26, 2024.
Ilya Strebulaev: When everybody is running in the same place and you're running faster, maybe you're overestimating the fruits of Victory. In the piggy bank game, in the fear of missing out on the former and in the stock market, investing in general, the winner very often loses. It has a special name called winner's curse.
Mary Long: I'm Mary Long and that's Ilya Strebulaev. An economist and professor at the Stanford Graduate School of Business. He's also the co-author of the new book, The Venture Mindset, which he wrote with Alex Dang, a technology executive who's launched new ventures at Amazon and been an advisor for companies across Silicon Valley.
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