How to Gain a Competitive Edge, with Morgan Housel
#125: Morgan Housel has spent thousands of hours reading about investing. As a former columnist for the Wall Street Journal and The Motley Fool, he's spent more than a decade reading, interviewing, thinking and writing about how to manage money. And...
Afford Anything | Make Smart Money Choices · Paula Pant, Personal Finance Expert | Cumulus Podcast Network
Audio is streamed directly from the publisher (podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
#125: Morgan Housel has spent thousands of hours reading about investing.
As a former columnist for the Wall Street Journal and The Motley Fool, he's spent more than a decade reading, interviewing, thinking and writing about how to manage money.
And he's come to a simple conclusion: less is more.
Doing nothing is often the best course of action.
Patience, humility and long-term thinking give individual investors a massive competitive edge over major institutions.
The classic strategy of dollar-cost averaging into index funds is a smart approach.
And ultimately, success is based more on emotions than Excel.
This week, Morgan joins me on the podcast to discuss how to gain a competitive edge as an investor.
For more information, visit the show notes at http://affordanything.com/episode125
Learn more about your ad choices. Visit podcastchoices.com/adchoices