Who still believes that you as an individual investor can still outperform a broad-based ETF by picking some “superior” stocks?

Ok, ok. I agree, Index Funds and ETFs will never bring you alpha but they also won’t require so much attention, emotional strain or behavioral challenges.

As I am convinced that investor psychology drives the majority of returns.

And as I am convinced that getting rich slowly is the only sustainable way.

I am convinced that the rules to grow my nest-egg are rationally quite simple:



Keep costs low.

No one writes a book about those basic rules.

Maybe because it would be only 3 pages long?

I am convinced that figuring out what I won’t invest in — types of securities, strategies, fee structures, etc. — is far more important in today’s world than figuring out what I will invest in.

Well, there might have been a time