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The biggest mistake novice and millennial investors are making is investing based on headlines and hype and not understanding the real performance of the business they’re buying a piece of, Robert Leonard, VP of Growth and Innovation at The Investor’s Podcast Network, told Ash Bennington during today’s Real Vision Daily Briefing.
Leonard said that newer investors need to understand that exponential growth isn’t sustainable forever and they should take a more conservative approach when making models and doing analysis, like looking for companies with high cash flow and strong balance sheets that are benefiting from