Chapter
Investing Tips from Tim Ferriss
1:00:05 - 1:05:33 (05:27)
In this podcast episode, Tim Ferriss talks about the best ways to invest, including some book recommendations and how to avoid getting scammed. He also advises on focusing on business understanding rather than technical fluctuations.
Clips
The founder of Vanguard, John Bogle and blogger Jim Collins have written books that offer simple and enjoyable explanations about why one should invest in index funds.
1:00:05 - 1:03:41 (03:36)
Investing
Summary
The founder of Vanguard, John Bogle and blogger Jim Collins have written books that offer simple and enjoyable explanations about why one should invest in index funds. One can be a good investor by buying one Vanguard fund and avoiding swindles such as shady life insurance whole life programs.
ChapterInvesting Tips from Tim Ferriss
Episode#221: Mr. Money Mustache — Living Beautifully on $25-27K Per Year
PodcastThe Tim Ferriss Show
Successful investors like Warren Buffett focus on understanding businesses rather than technical fluctuations and practice emotional detachment to make sound investment decisions even during market fluctuations.
1:03:42 - 1:05:33 (01:50)
Warren Buffett
Summary
Successful investors like Warren Buffett focus on understanding businesses rather than technical fluctuations and practice emotional detachment to make sound investment decisions even during market fluctuations.