[REPLAY] Morgan Housel – The Psychology of Money (Capital Allocators, EP.155)
Capital Allocators – Inside the Institutional Investment Industry
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Investing Dynamics: Embracing Simplicity
This chapter explores the principle that a small percentage of stocks drive most investment returns, supported by examples from notable investors. It discusses the significance of diversification in portfolios and the unpredictable nature of market outcomes while advocating for index fund investing. Lastly, it emphasizes a personal investment philosophy that values simplicity and emotional comfort over the complexities of active management.
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