DiscoverOptimal Finance Daily - Financial Independence & Money Advice2861: Magic Beans by JL Collins on True Financial Success & Index Fund Investing
2861: Magic Beans by JL Collins on True Financial Success & Index Fund Investing

2861: Magic Beans by JL Collins on True Financial Success & Index Fund Investing

Update: 2024-09-10
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Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.

Episode 2861:

JL Collins explores the allure of investing fads in "Magic Beans," highlighting the recurring trends of Growth Stocks, Actively Managed Funds, and Dividend Aristocrats. He argues that true financial success lies not in chasing these trends but in the reliable, long-term strategy of broad-based index funds.

Read along with the original article(s) here: http://jlcollinsnh.com/2012/01/02/magic-beans/

Quotes to ponder:

"For supposedly rational creatures we humans seem irrationally drawn to Magic Beans."

"You know what Warren Buffet recommends for individual investors? Broad-based Index Funds."

Episode references:

The Intelligent Investor: https://www.amazon.com/Intelligent-Investor-Definitive-Value-Investing/dp/0060555661

Learn more about your ad choices. Visit megaphone.fm/adchoices

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2861: Magic Beans by JL Collins on True Financial Success & Index Fund Investing

2861: Magic Beans by JL Collins on True Financial Success & Index Fund Investing

Optimal Living Daily | Diania Merriam