Ndubuisi 'Andy' Egwim (creator/speaker) explains his investing approach: buy companies before they become popular or overpriced to maximize returns. He uses a car-analogy to show scarcity drives up prices and warns that buying after a stock has already risen is unlikely to reproduce earlier high returns.
Now, how do you know which stock to invest in? This is not a one hour question, not a one day question, but I'm going to summarize it for you in a nutshell. This is the way I approach investing. You want to buy things before they become overpriced. You want to invest in companies before they become popular. Why? Imagine that. Let me give for example, imagine you've got like a car you want to sell. There's only one of those car left and there's like a thousand people wanting to buy the car. What will happen to the price of the car? Up or down? Go up, up. Thank you. Right, so if you're investing and you're going to beat up what everyone is buying, like when I published some of my investment record and my investment return from one of my accounts recently, people are like, you didn't make 100%, you didn't make 75%. I said people are now like thinking, oh, should I buy the same stocks? No, you're not going to make money buying it when it's gone up.
