2861: Magic Beans by JL Collins on True Financial Success & Index Fund Investing
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.\nEpisode 2861:\nJL 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.\nRead along with the original article(s) here: http://jlcollinsnh.com/2012/01/02/magic-beans/\nQuotes to ponder:\n"For supposedly rational creatures we humans seem irrationally drawn to Magic Beans."\n"You know what Warren Buffet recommends for individual investors? Broad-based Index Funds."\nEpisode references:\nThe Intelligent Investor: https://www.amazon.com/Intelligent-Investor-Definitive-Value-Investing/dp/0060555661 \nLearn more about your ad choices. Visit megaphone.fm/adchoices