Summary of I Failed - How Much Money I Lost

00:00:00 - 00:10:00

This YouTube video is about an individual's failed investment strategy, attributing the failures to being dumb. The individual provides a hypothetical example to illustrate their point and encourage viewers to subscribe to their YouTube channel and sign up for their newsletter to receive more content like this.

• 00:00:00 This YouTube video is about a monkey who beat the stock market. The monkey's investment strategy was created by randomly selecting 30 stocks from the top thousand companies. This increased the chance of success, since the strategy was not based on any preconceived notions or personal biases.
• 00:05:00 The author discusses how his monkey portfolio performed poorly, attributing the failures to being dumb. He recommends not using monkeys to pick stocks, and investing consistently regardless of the market conditions.
• 00:10:00 The individual discusses how they failed in their investment and how tax loss harvesting can help offset their gains. The individual provides a hypothetical example to illustrate their point. Finally, they encourage viewers to subscribe to their YouTube channel and sign up for their newsletter to receive more content like this.