"Investing is one of the only fields in the world where the less action you take, the better you’re likely to do."

I think there's some truth to this, especially when it comes to the stock market or bitcoin.

"If you want to get into good physical shape, go to the gym. If you want to get better at playing piano, practice five hours a day. But there’s so much evidence in investing that the harder you try, the more you trade, the worse you’re going to do. A novice with no financial education or background who does nothing for 10 or 20 years will outperform, historically, 90% plus of professional active investors who have the best education, the best training, who work 50 hours a week trying to forecast what will happen next."

Morgan Housel, author of "The Psychology of Money"

But there's a lot of nuance. Like when it comes to real estate, or venture, I think this is true but also better if you have experience about what to pick in the first place.

What do y'all think?

I think there's some truth to this, especially when it comes to the stock market or bitcoin.

"If you want to get into good physical shape, go to the gym. If you want to get better at playing piano, practice five hours a day. But there’s so much evidence in investing that the harder you try, the more you trade, the worse you’re going to do. A novice with no financial education or background who does nothing for 10 or 20 years will outperform, historically, 90% plus of professional active investors who have the best education, the best training, who work 50 hours a week trying to forecast what will happen next."

Morgan Housel, author of "The Psychology of Money"

But there's a lot of nuance. Like when it comes to real estate, or venture, I think this is true but also better if you have experience about what to pick in the first place.

What do y'all think?