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Episode 3254:
Julien Saunders explains how constant monitoring of your portfolio undermines rational decision-making by feeding fear and short-term thinking. By understanding the motivations behind daily market moves, often driven by algorithms, chart-watchers, or impatient investors, you can focus on long-term business ownership and avoid being swayed by noise that has little to do with a company’s true value.
Read along with the original article(s) here: https://richandregular.com/the-high-fructose-corn-syrup-of-your-401k/
Quotes to ponder:
"The more you are dominated by these fears, the less rational you are."
"If you are a fundamental investor, you are not just buying stocks, you are buying fractional ownership in businesses."
"In short, the less time you spend looking at your portfolio, the more rational you are going to be."
Episode references:
S&P 500 Index: https://www.spglobal.com/spdji/en/indices/equity/sp-500/
FANG stocks (Investopedia overview): https://www.investopedia.com/terms/f/fang-stocks-fb-amzn.asp
U.S. 10-Year Treasury Yield: https://www.cnbc.com/quotes/US10Y
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