The Investing Myths That Cost a Fortune

<p><a href="https://youtu.be/-DXz-k_32fU" target="_blank" rel="ugc noopener noreferrer"><strong>WATCH THE VIDEO</strong></a><br />It was a pleasure to be invited back on System Trader with Jack Lempart. Here is a list of the main topics we covered:</p><p><strong>CHAPTERS</strong><br />0:53 • My own biggest mistake<br />3:15 • Why “the stock market is a casino” is exactly backwards<br />6:48 • “I don’t have enough money to start” — what $100 a month actually becomes<br />9:33 • A $20 bet with my 13-year-old grandson<br />13:04 • How much intelligence does successful investing really require?<br />15:31 • The Mensa Investment Club: buy low, sell lower<br />16:24 • Three books for the psychological hurdles<br />17:38 • “It’s a bad time to invest right now” — the myth that never dies<br />20:00 • Why a falling market is the best thing that can happen to a young investor<br />24:21 • Can a star manager do it for you? SPIVA and Bill Miller<br />30:21 • An ETF is only a wrapper — how do you grade what’s inside it?<br />33:01 • Traditional vs. non-traditional index funds<br />35:49 • Home bias: half U.S., half international, and the lost decade<br />44:04 • Cap-weighted vs. asset-class weighted funds<br />46:26 • Finding your right level of risk before the market tests you<br />55:20 • Is the small-cap value premium dead?<br />62:52 • Financial literacy in high school — and who’s teaching on TikTok<br />64:21 • Where the biggest premium comes from: size, value, quality and momentum<br />69:29 • The one thing to do tomorrow morning: control what you can, then automate</p>