4min chapter

The School of Greatness cover image

5 Ways To Build Wealth [MASTERCLASS] EP 1363

The School of Greatness

CHAPTER

Turn the Snake Into the Rope

If you are not in the market, it's the most dangerous thing. Warren Buffett said, market timers and market forecasters are only there to make fortune tellers look good. 96% of all mutual funds fail to match the market over a 10 year period of time. Only 4% make it. The average S&P 500 index has produced 8.2%. Over 30 years, it was 10.28. But in the last 20 years, a little bit less. Still great. You double your money roughly or you're in a position where you double the money a little more than every, what is it now, 7.2. It dropped down almost half 4.5.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode