308. Mental Models for Successful Long-Term Investing with John Jennings

In this episode of The Daily Helping, we're joined by John Jennings, chief strategist of a $15 billion firm, as he shares invaluable insights on investing and how to improve your decision-making process. John emphasizes that the stock market is not a direct reflection of the economy and sheds light on the pitfalls of obsessing over metrics and data points.

Discover why inactivity is key to successful investing, as evidenced by a study showing that single women who traded less outperformed single men, married men, and married women. Learn how an average investor can achieve similar returns to sophisticated university endowments by investing in a mix of index funds and bonds, and why discipline is crucial to sticking with this simple approach.

Throughout the podcast, John shares mental models that can help investors make better decisions, such as the importance of inactivity and the idea that the stock market is not the economy. The main takeaway? There's no secret sauce to investing success. Instead, investors should focus on their own behavior and accept the inherent uncertainty in the economy and the investment world.

The Biggest Helping: Today’s Most Important Takeaway

“There is no secret sauce. There is nobody out there that can deftly predict the future and weave in and out. It's gonna come down to your own behavior and just accepting the inherent uncertainty that exists in the economy and the investment world.”

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Thank you for joining us on The Daily Helping with Dr. Shuster. Subscribe to the show on Apple Podcasts, Stitcher, or Google Podcasts to download more food for the brain, knowledge from the experts, and tools to win at life.

Resources:

• Learn more: johnmjennings.com

• Read: The Uncertainty Solution

• Connect with John on LinkedIn

Produced by Nova Media