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Podcast Episode 110: Web Search vs. Research

| September 25, 2018
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Episode Summary

In this episode, Paul sits down with Cory Shepherd to talk about the difference between shallow web search and deep research. We discuss the best practices for researching, analyzing, and taking action in important financial decisions.

What Was Covered

  • 3:00 - Preview of Episode 111
  • 6:00 - The value of putting in the hard work NOW
  • 6:55 - The shallowness of the web search
  • 7:45 - Review of episode 109 and Being Your Own Fiduciary
  • 8:15 - Collective Cognition: The Team Effort of financial advising
  • 8:47 - The definition of “Research”
  • 9:14 - Confirmation bias & the internet
  • 10:00 - Elon Musk and limbic resonance
  • 13:47 - The difference between web search and research
  • 14:40 - How the media fails America’s top-earners
  • 17:47 - “The studious gathering of information”
  • 19:12 - Red flags for receiving financial advising
  • 21:00 - The power of asking “Why?”
  • 23:30 - How NOT to make decisions
  • 27:45 - One of the fallacies of research
  • 29:20 - Best practices for research and analysis
  • 32:30 - Seeking counsel for your analysis
  • 33:05 - Special giveaway announcement

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