RAOUL PAL:
You
lot,
Real
Vision
members,
are
bloody
smart.
You
are
on
this
incredible
learning
journey
to
understand
the
world
around
you
and
what
it
means
for
your
investing.
Now,
we
give
you
the
best
content
in
the
world
to
help
facilitate
that.
But
sometimes,
there's
something
missing,
the
foundations
of
knowledge
that
you
might
need
to
become
truly
confident
in
your
investment.
And
that's
what
we're
going
to
do
for
you
next.
We're
going
to
give
you
the
tools
and
the
foundation
stones
to
give
you
the
confidence
that
you
need.
SAMUEL BURKE:
Let's
take
a
look
at
the
issue
from
50,000
feet
for
a
minute.
One
of
the
interesting
aspects
about
learning
to
invest
in
markets
is
that
there's
a
massive
difference
between
theory
and
the
reality.
In
the
real
world,
things
never
seem
to
work
out
the
way
they
looked
in
the
textbook.
Another
interesting
thing
is
that
some
people
tend
to
ask
hyperpersonalized
questions
on
individual
portfolios
and
trades.
And
we
get
it.
We
get
why
people
want
straight
up
advice.
It's
damn
tough
being
an
investor.
Even
the
very
best
will
tell
you
that.
But
so
much
of
investing
is
personal
from
time
horizons
to
investment
goals
to
risk
tolerances.
We
all
start
from
a
different
place.
Only
you
or
your
advisor
can
fully
assess
your
circumstances.
ASH BENNINGTON:
Asking,
should
I
trade
x, y, z
or
should
I
add
to
a, b, c
is
like
me
going
up
to
someone
in
the
supermarket
and
randomly
asking
them,
should
I
buy
this
can
of
beans?
They
will
have
no
idea
whether
I
should
buy
the
can
of
beans
or
not.
These
factors
are
two
of
the
reasons
why
the
quality
of
financial
education
out
there
is,
to
be
honest,
complete
garbage.
Most
of
what
exists
is
either
a
snake-oil
scam
promising
to
make
you
money
overnight,
or
it
lacks
the
depth,
nuance,
and
real-world
application
required
to
make
it
truly
useful.
SHANNON STATON:
So
academics
aren't
the
answer.
And
spoon-fed
individual
advice
isn't
the
answer.
Here's
another
thing
that
isn't
the
answer,
more
content.
No
one
needs
more
content
about
what
markets
are
doing.
We
are
all
drowning
in
that
stuff.
What
is
sorely
lacking
though,
is
nuanced,
engaging,
and
ongoing
financial
education
for
the
real
world.
GEORGE STANOEV:
None
of
this
is
easy.
And
it's
not
easy
to
find
either.
So
we
decided
to
do
something
about
it.
To
become
a
good
investor,
you
really
have
to
learn
from
the
world's
best
investors.
That
doesn't
mean
blindly
copying
their
trades
and
approaches.
You
need
to
understand
how
they
think,
how
they
build
an
investment
thesis,
and
how
they
execute
trades
and
manage
their
positions.
And
then
tailor
that
to
your
personal
circumstances.
Try,
adapt,
replace,
evolve.
Just
make
it
your
own.
DAMIEN HORNER:
So
how
the
hell
do
you
do
that?
And
how
can
we
help
you?
Well,
first
of
all,
we've
got
thousands
of
hours
of
interviews
with
the
world's
top
investors
and
analysts,
I
mean
thousands.
Second,
Real
Vision
has
acquired
the
Lex
van
Dam
Trading
Academy,
one
of
the
blockbuster
investing
courses
based
on
the
frameworks
developed
and
refined
at
one
of
the
top
trading
desks
and
hedge
funds
in
London.
Third,
we've
got
a
rock-star
team
of
filmmakers,
learning
designers,
ex
portfolio
managers
and
analysts,
engineers,
and
user
experience
designers
all
working
together
to
craft
the
experience
that
you,
our
members,
have
asked
for.
Putting
those
three
together
was
the
foundation
of
a
brand
new
experience.
We
call
it
the
Real
Investing
Course.
RAOUL PAL:
The
Real
Investing
Course
is
all
about
giving
you
the
tools
you
need
to
invest
in
the
real
world.
It's
about
helping
you
develop
the
investing
framework
that
I
talk
about
so
often.
Now,
there
is
no
quick
fix
here.
We
can't
make
you
George
Soros
overnight.
But
what
we
can
do
is
help
you
put
the
odds
in
your
favor.
And
that's
what
this
whole
game
is
about.
Once
you
get
the
odds
in
your
favor,
over
time,
you'll
be
a
more
successful
investor.
JAMIE MCDONALD :
This
course
is
for
of
that
want
to
learn
from
the
best
and
discover
how
you
could
adapt
these
timeless
principles
to
work
for
you.
Now,
what
follows
isn't
soul
truth.
But
it
contains
many
timeless
principles
and
battle-tested
frameworks
that
will
guide
you
to
finding
your
truth.
All
of
you
will
be
able
to
find
something
along
this
journey.
Underpinning
it
all
are
four
basic
ideas
you
need
to
carry
throughout
this
journey.
Number
one,
there
are
a
million
ways
to
make
money
in
markets.
And
they
typically
change
with
the
times.
But
there
are
a
few
consistent
ways
to
lose
money.
So
learning
how
to
not
lose
is
equally,
if
not
more
important
as
learning
how
to
win.
Number
two,
investing
is
very
personal.
And
it's
also
one
of
the
few
activities
where
novices
play
side
by
side
with
professionals.
You
need
to
learn
how
to
think
and
consciously
build
your
own
approach
tailored
to
your
specific
circumstances,
whether
that
means
investing
yourself
or
building
an
ongoing
dialogue
with
your
investment
advisor.
Number
three,
information
and
analysis
about
the
present
and
future
is
so
readily
available
nowadays
that
novice
investors
can
gain
an
edge
simply
by
being
able
to
distinguish
the
signal
from
the
noise.
The
information
itself
is
no
longer
an
edge.
And
fourthly,
most
financial
and
life
advice
out
there
is
all
"do
this
and
don't
do
that."
And
that
isn't
really
how
any
of
this
works.
The
answer
to
almost
every
question
about
investing
is,
it
depends.
Markets
are
complex,
ever-changing,
and
often
driven
by
the
raw
emotions
of
investors.
There
is
no
formula
to
solve
them.
So
learning
how
to
think
and
apply
context
and
judgment
are
usually
more
important
than
any
specific
trade
idea.
And
it's
that
word,
judgment,
that
we
will
focus
on.
We
want
to
demystify
investing
and
show
you
the
principles
and
frameworks
that
will
allow
you
to
think
for
yourself
and
feel
empowered
to
navigate
your
financial
journey
ROGER HIRST:
From
the
get-go,
let's
forget
about
investing
as
one
activity.
Making
a
profitable
trade
or
investment
requires
getting
multiple
things
right,
investment
thesis,
time
horizon,
security
selection,
entry
and
exit,
position
size,
and
risk
management.
It
involves
many
steps
that
can
either
make
or
break
the
investment.
You
might
have
a
brilliant
contrarian
idea.
But
without
a
clear
catalyst,
you'll
be
fighting
the
market
and
likely
to
lose
money.
You
can
be
right
on
everything
but
have
the
wrong
time
horizon,
which
result
in
taking
profits
away
too
early
or
failure
to
act
on
time,
resulting
in
taking
the
round
trip
back
to
zero
or
even
negative.
Or,
and
this
probably
is
the
most
painful,
you
can
get
everything
right
but
select
the
wrong
instrument
to
express
your
idea
or
leverage
yourself
too
much,
which
ultimately
results
in
being
right
and
losing
money.
And
that's
really
painful.
JAMES HELLIWELL:
Let
me
run
through
why
Real
Vision's
approach
to
investing
education
is
different
to
anything
else
out
there.
We'll
take
you
through
the
entire
investment
process
from
generating
an
idea
to
putting
it
into
your
portfolio
to
then
managing
that
holistically
across
your
life.
We'll
then
give
you
the
building
blocks
and
show
you
the
diverse
approaches
and
frameworks
that
the
best
investors
use.
And
will
help
you
understand
yourself
your
motivations
to
invest
and
the
investment
framework
that
suits
you.
And
we'll
turn
learning
into
a
multiplayer
experience
alongside
like-minded
peers.
We
want
to
build
a
community
where
we
can
all
share
our
experience,
ask
and
answer
questions,
debate
ideas,
and
share
our
frameworks.
And
we'll
give
you
the
opportunity
to
keep
growing
through
additional
courses
on
the
Real
Vision
Academy
and
ongoing
market
analysis
across
a
Real
Vision
platform
so
you
can
apply
that
knowledge
in
real
life
and
enjoy,
hopefully,
navigating
what
the
market
throws
at
us
all.
MAGGIE LAKE:
This
journey
is
comprised
of
five
parts.
Part
one,
the
game
of
investing
where
you
will
learn
some
of
the
unwritten
rules
and
find
out
your
best
approach
to
it.
Part
two,
the
stuff
that
drives
markets
where
we
will
look
at
trends
across
different
time
horizons
and
learn
what
influences
them.
Part
three,
the
art
and
science
of
charts
where
we
will
learn
how
to
leverage
charts
as
part
of
our
holistic
investment
framework.
Part
four,
the
asset
class
universe
where
we
will
go
through
the
core
asset
classes,
review
their
key
drivers,
and
learn
about
the
relationships
across
them.
Part
five,
the
science
and
art
of
building
a
portfolio
where
we
will
put
it
all
together
and
show
you
how
to
build
and
manage
a
portfolio.
I'll
be
there
to
guide
you
through
each
step.
And
we'll
also
be
joined
by
some
recognizable
faces
along
the
way.
Roger
Hirst
spent
most
of
his
career
on
the
biggest
sales
trading
desks
in
Goldman
Sachs
and
Morgan
Stanley,
working
with
some
of
the
top
hedge
funds.
Jamie
MacDonald
was
a
portfolio
manager
at
Point72,
both
in
London
and
New
York,
focused
on
the
global
insurance
industry.
And
James
Helliwell
previously
worked
with
hedge
fund
manager
Lex
van
Dam
and
later
managed
portfolios
across
multiple
asset
classes.
RAOUL PAL:
I
think
you
can
tell
this
is
a
big
deal.
We're
really
excited
about
this.
This
Real
Investing
Course
and
the
Academy
combined
are
something
truly
special.
And
your
whole
learning
journey
starts
here
today.
And
enjoy
this
course
and
enjoy
the
power
gives
you
to
make
you
a
better
investor.
Let's
begin.