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445 | Fundamental Truths of Investing | Brian Feroldi

38 min • 10 juli 2023

In this episode: investing, losing money hurts, pessimism, optimism, index funds, psychology, history, and building wealth.

Whether you're a confident investor or weary of playing the market, there is still a lot to be learned when it comes to your investments. This week we are re-joined by friend of the podcast Brian Feroldi to discuss important truths and takeaways he’s learned as a decades-long investor, from navigating the psychology and history of the market, to focusing on longevity and simplicity rather than getting rich quick. When listening to this episode, remember that playing the market doesn’t have to be a complicated game, and no one should feel un-equipped to invest! Just be sure to understand that investing will never be a perfect journey, and preparing yourself for low points may help you make better decisions in the long run!

Brian Feroldi:

Website: brianferoldi.com
Twitter: @brianferoldi
Book: “Why Does The Stock Market Go Up?: Everything You Should Have Been Taught About Investing In School, But Weren’t” By Brian Feroldi

Timestamps:

0:41 - Introduction
4:27 - You Will Be Wrong
9:45 - Losing Money HURTS
12:54 - Humans Are Naturally Bad Investors
16:09 - Pessimism And Optimism
20:22 - The Power Of Index Funds
22:31 - The Power Of History And Psychology
24:45 - Avoiding Ruin Is A Skill
28:56 - Keeping It Simple
35:24 - To Build Wealth, You Need To Invest
37:50 - Conclusion

Resources Mentioned In Today’s Episode: