Is he correct? Should goyim ever bother investing in anything other than index funds?
Everyone who owns a small business has picked a single 'stock'. To succeed at investing in a single thing, you have to know that thing inside and out and know why your return on capital is more than market returns. That's how people get rich - to state the obvious.The problem is when fucking idiots that don't actually know the first thing about investment X, but drank the marketing hype cool-aid, invest their money in X and think they're smarter than a flip of a coin. They are actually dumber than a flip of a coin because they just trade emotionally with narratives they heard from their uber driver. Pro trading firms run by winners have proprietary bots that invest counter-emotionally and counter-uber-driver-narrative and vacuum these people dry.
>>62259379Demand to see his stock portfolio. if it's not 100% Index Funds then he should be dropped into the pacific ocean
>>62259469He should be dropped out there anyway for being Canadian.
>>62259469>virtually nobody Learn to read hoy and don't doubt the chosen people
>>62259379Gottem
>>62259379Kevin O'faggy is the most overrated "rich person" ever.Literally all of his advice is boomer tier shit that's been circulating the internet for decades.
>>62259379If you would have invested in VOO 5 years ago you'd be up 80%If you would have invested in Chainlink 5 years ago you'd be DOWN 80%That's worse performance than car depreciation on a Nissan Altima. So yes, 100%, most people should just stick to indexes and not go looking for other things.