EPISODE #52: Opportunity Cost - Philippine Stock Market News - Peso Smart PH - a podcast by Emmanuel Del Mundo

Opportunity cost is a concept that I always use every time I make decisions. I got it from my economics professor back in college and I believe it is a very useful tool. It makes your decision making much easier and it would allow you not to dwell or regret any actions you take in the past.

Also, the market is booming but being cautious about your next move wouldn't really hurt. Yes, the economy is getting back at it again, however, there's no certainty if this will be sustainable. We'll have to wait and see how these everyday activity affect the number of cases we'll be having in the next few weeks/months.

"The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're on the operating table." -Warren Buffett

#opportunity #cost #pesosmartph

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