This content was created by Jayson Lowe. This content was uploaded by Jayson Lowe. This is a YouTube video titled "The ONLY Investing Strategy You Will EVER Need" featuring Jayson Lowe discussing investment strategies, emphasizing the importance of investing in familiar industries and products, using an anecdote about Bill Gates and Microsoft as an example.
Invest in what you know. This is going to sound like a real foreign concept, but let me give you an example. I heard Bill Gates, he made a comment. Many years ago, some bubble head on CNBC was sitting down with Bill Gates and said, Bill Gates, why is Microsoft not making computers? You could just crush it in the computer business. And without skipping a beat, he said, we know software and I'd rather supply the fuel that runs the car than build the car. Invest in what you know, when I started my investment journey many years ago, before I turned the age of 20, I read that you should invest in what you know. So if you're not a rocket scientist, don't invest in rocket scientist endeavors. But if you understand the difference between Gillette shaving cream and some other brand and you like Gillette better and that's what you know and that's what you've been using since you started shaving, then invest in the company that manufactures it. It's really not rocket science.
