So broadly if the thesis is buy and hold passive index funds, once you've spent a few days putting a portfolio together, you then leave it alone for 20 years, perhaps rebalancing annually. So my question is what else do you do with your time? Why do you constantly check Bloomberg, Twitter, NY times, etc? Surely these only increase your propensity to tinker
@@sabyasachirimpa You can still put together a diversified portfolio of passive ETF trackers and active ETFs. I think even for those who have the time to analyse, passive ETFs will outperform over the long term, after costs.
Paula really appreciate how you sum it up at the end
I highly recommend the book "Fortune's Children" that Morgan mentioned on the show.
So broadly if the thesis is buy and hold passive index funds, once you've spent a few days putting a portfolio together, you then leave it alone for 20 years, perhaps rebalancing annually. So my question is what else do you do with your time? Why do you constantly check Bloomberg, Twitter, NY times, etc? Surely these only increase your propensity to tinker
Index funds are for those salaried people who don't have enough time to analyse and invest. For them passive investing is best.
@@sabyasachirimpa You can still put together a diversified portfolio of passive ETF trackers and active ETFs. I think even for those who have the time to analyse, passive ETFs will outperform over the long term, after costs.
Thank you 🙏
awesome information
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