Ep8 - JL Collins | The Simple Path to Wealth
Talks at Google
00:00
Navigating Investment Choices
This chapter explores the reasons why some investors choose to manage their own portfolios while others rely on financial advisors. It critiques the myth of individual stock-picking prowess and emphasizes the futility of trying to time the market, advocating for a disciplined, long-term investment approach. Additionally, the chapter highlights the importance of continuous education and diversification, particularly through index funds, while addressing the psychological aspects of investing during market volatility.
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