New Rules of Investing, The: A Guide for the Digital Age

This audiobook is narrated by a digital voice. The old rules of investing are obsolete. The well-trodden path of a 60/40 stock and bond portfolio has been washed away by a tidal wave of digital disruption, leaving investors feeling anxious, confused, and terrified of missing out on the next big thing. Welcome to the new playbook. "The New Rules of Investing" is your essential roadmap to this chaotic and thrilling new frontier. Forget dense textbooks and impenetrable jargon. This clear, practical, and even fun guide demystifies the new world of finance, from the established continents of Bitcoin and Ethereum to the wilder islands of NFTs, DeFi, and the metaverse. Inside, you will discover: A new mindset to tame the FOMO dragon and master the market psychology that drives the digital age. A modern risk pyramid and the powerful "Barbell Strategy" designed to be both resilient against crashes and exposed to explosive moonshots. How to value digital assets by identifying their new moats, like network effects, developer activity, and community strength. The secrets behind crowd-driven manias like the GameStop saga and how to navigate a market fueled by memes and social media. A step-by-step guide to building your digital Fort Knox to secure your assets from the hackers, scammers, and thieves of the new frontier. How to invest in culture itself through fractional ownership of fine art, classic cars, and rare collectibles. This is not a book of hot tips or get-rich-quick schemes. It is a guide to empowering you with the knowledge and strategy to make smart decisions, build lasting wealth, and confidently chart your own course through the digital age. It's time to learn the new rules.