Get Rich Education

#55: Gary Carmell, author of “The Philosophical Investor: Transforming Wisdom Into Wealth”, is our guest today. Gary discusses how you think about investing, interest rates, and monetary policy. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Maverick turnkey RE webinar opportunities. Listen to this week’s show and learn: 01:32  A frustrated GRE listener in the Netherlands gives programming feedback. 08:11  Most real estate is a bad investment. Maverick Investor Group’s 2015 report excerpts. 13:16  Interview: Gary Carmell, author of The Philosophical Investor: Transforming Wisdom Into Wealth. 16:21  An example of transforming wisdom into wealth. 17:43  Investors get discouraged at exactly the time they should be buying. 19:56  In investing, discipline and courage often trump hard work and intelligence. 21:53  “The Munger Moment.” 24:00  You never know when a market is at the high or the low. 24:59  Real estate investing is a game of attrition. 27:18  Does G