21min chapter

Infinite Loops cover image

Derek Sivers (Part One) — How to Become a Picasso [BONUS EPISODE] (EP.185)

Infinite Loops

CHAPTER

The Trade-Off Between Simplicity and Safety in Personal Finance

This chapter explores the trade-off between having all your money in one bank account or multiple accounts in personal finance. It discusses the two schools of thought on investing - diversifying your portfolio or closely monitoring a single investment. The importance of understanding individual preferences and risk tolerance is emphasized.

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