Standard Deviations with Dr. Daniel Crosby cover image

Morgan Housel - The Psychology of Money (Your Questions Answered)

Standard Deviations with Dr. Daniel Crosby

00:00

Is There Anything You Can Do Other Than Invest?

A lot of people's religious or their investing beliefs, take on a religious fervor of late. They are so ingrained in them that the idea of doing anything different is sacrilegious. If you are a day trader and i'm an indexer, it's almost like they view me, or you, or anyone else, as like a threat to their intelligence. It's sort of a shamethat we can't be a little more tolerant of other ideas here.

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