{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/8c560a52-84ff-4b06-b819-f4e9bd6e85ef/65985ddf-688f-47f7-b688-5c02d1ed6d02?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"EM Talk: Why We Invest","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/6113c4e58b49030d2716f6e0/6113c5918ccb1a0014f008b5.png?height=200","description":"<p>Over the past 6 months as more and more Equity Mates have joined us on this journey, we've thought it may be time to do a reset episode. To explain how this podcast started and all that we've learnt over the past two years. Given we're about to tick over to episode #100 - we thought this was the perfect time. In this episode you will learn: • Why Bryce and Alec started Equity Mates • Two key things Alec has learnt over the last 99 episodes. • The major lesson Bryce has taken away from the last two years. • How Alec and Bryce think about investing today • Why they look for companies with moats (long-term competitive advantages) and an ability to reinvest their profits • How thinking for the long-term gives you an advantage over professional investors • Why Seth Klarman's distinction between investing and speculating has been particularly helpful • What the boys think about the choice between picking stocks or taking the market average return</p>","author_name":"Equity Mates Media"}