Скачать или смотреть “This sounds simple, but almost no one does it” | Finance Wisdom

The simplest truths in finance are often the hardest to act upon because they require emotional control, not intellectual genius. As Charlie Munger once said, "It's waiting that helps you as an investor, and a lot of people just can't stand to wait."Here is the one simple piece of wisdom that almost no one actually follows:The Law: "Do Absolutely Nothing While Your Plan Works"Most people spend hundreds of hours researching the "best" investment, but they spend zero hours practicing the discipline of leaving it alone.1. The Boredom GapThe Theory: Wealth is created by buying quality assets and holding them for 20 years.The Reality: In those 20 years, there will be 5 recessions, 10 "market crashes," and 1,000 "experts" on YouTube telling you to sell everything.The Failure: Most people get bored or scared. They tinker with their portfolio, they switch funds, they "take profits" too early, or they panic-sell. They trade wealth for activity.2. The "Hidden" Math of FrictionEvery time you move your money because you feel you "need to do something," you pay:Taxes: Capital gains tax eats your compounding.Fees: Transaction costs and brokerage fees.Opportunity Cost: You often sell a winner to buy something that is currently "hyped."3. The Index Fund ParadoxIt is statistically proven that a simple Index Fund (like the Nifty 50 or S&P 500) outperforms 90% of professional money managers over 10+ years.The Simple Part: Buy the index and don't look at it.Why No One Does It: It feels "too easy." Humans have a bias toward complexity. We feel that if we aren't monitoring charts and reading news every hour, we aren't "earning" our returns.How to actually be the 1% who does it:The TrapThe WisdomThe ActionCheck prices daily.Price is noise; Value is signal.Uninstall your trading app or turn off notifications.Chasing "The Next Big Thing."Wealth is a slow burn, not a spark.Stick to your Boring™ plan.Reacting to News.The news is designed to sell ads, not make you rich.Filter information. Read books, not headlines.The Ultimate TestImagine you bought ₹1,00,000 worth of a solid asset. Ten years later, it’s worth ₹5,00,000.The Average Person: Sells it to buy a car or a bigger house (returning to the Rat Race).The Wise Person: Does nothing. They let that ₹5 Lakh become ₹25 Lakh."Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." — Paul Samuelson