AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Why Investors Need a Latticework of Ideas, with Morgan Housel
Afford Anything
Is Doing Nothing the Smartest Investing Strategy?
2min Snip
00:00
Summary
Transcript
Episode notes
Doing nothing is effectively dollar cost averaging into index funds and not doing anything else, just being patient after that. It's one of the very few fields where we know distinctly that people that put in the least effort, the least action, who are the least hands on, they end up generating some of the best results. This is not true just for individual investors, but professional investors as well. I if you just look at individual ine s that bought an index fund 20 years ago and then went to the beach, never even checked their account, literally did nothing after that,. Those investors who did nothing would be in the top quintile of professional investors if you grouped everyone together.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
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