How MyWallSt Outperformed the Market for 10 Years

TL;DR

My Wall Street's successful 10-year stock list with key insights and future picks.

Transcript

we wanted to build the greatest mobile phone based investing platform ever seen which I happen to think we did 8 million people have downloaded the learn app but in there was the learning library the problem with an app or the challenge is it can't do too much if you present an app that does too much it confuses the user so we bifurcated we ripped ... Read More

Key Insights

• 😀 Learn app's success in creating savvy investors with 8 million downloads.
• 👂 Original stock list from Invest 1.0 showing significant growth with 10 baggers.
• 🍉 Importance of long-term investing and avoiding news distractions for investment success.
• 👨‍🔬 Selection process for the next 10 stock picks based on extensive research and debates.
• 🥹 Benefits of holding quality businesses for the long term to maximize gains and ride out market fluctuations.
• 😀 Stories of individual investors' successes and life-changing experiences through the Learn app.
• 👂 Strategy for the future with a new list of 10 stock picks for the next decade.

Questions & Answers

Q: What was the impact of the original stock list of 36 picks from Invest 1.0?

The stock list showed significant growth with 10 baggers and multiple 4-5 baggers, reflecting high success rates in the investments made.

Q: How did the Learn app change lives and create savvy investors?

The Learn app had 8 million downloads and stories like Michelle's illustrated how it empowered individuals from low socio-economic backgrounds to start investing successfully.

Q: What is the strategy for selecting the next 10 stock picks for the next decade?

My Wall Street has diligently researched and debated to shortlist 10 stocks that are expected to have significant growth over the next decade, similar to Tesla's rise in prominence over the past 10 years.

Q: How does the approach of long-term investing and avoiding news distractions benefit investors?

The focus on quality businesses for the long term, as seen in the original stock list's success, allows investors to ride out market volatility and maximize gains without being swayed by short-term news fluctuations.

Summary & Key Takeaways

• Original stock list of 36 in Invest 1.0 had significant growth with 10 baggers and multiple 4-5 baggers.

• Learn app success story of changing lives and creating savvy investors with 8 million downloads.

• Discussion on the evolution of my Wall Street's stock picks and future insights for the next decade.