meta_pixel
Tapesearch Logo
Log in
Optimal Finance Daily - Financial Independence and Money Advice

2899: Know Thy Investing Self by Nick Maggiulli of Of Dollars and Data on Long-Term Investment Success

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 13 October 2024

⏱️ 10 minutes

🧾️ Download transcript

Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2899: Understanding your behavioral tendencies is essential for long-term investing success, according to Nick Maggiulli. His personal story of investing in gold highlights the importance of knowing how you'll react to volatile assets. While many focus on optimizing portfolios, the key to sustained returns lies in understanding your emotional responses and making decisions aligned with your true investing self. Read along with the original article(s) here: https://ofdollarsanddata.com/know-thy-investing-self/ Quotes to ponder: "The first thing you have to know is yourself. A man who knows himself can step outside himself and watch his own reactions like an observer." "Investing is primarily a behavioral exercise, not an analytical one." "The full flavor of losing money cannot be conveyed by literature." Episode references: The Money Game by Adam Smith: https://www.amazon.com/dp/0394721039 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

When Kate and Jervais founded Health and Her in 2019, they set out to transform Menopause care.

0:06.4

Through Barclay's Eagle Labs, they gained specialist industry and business expertise,

0:11.0

with support and training for the whole team.

0:13.0

But the story doesn't end here.

0:16.0

Because Health and Her are only just getting started,

0:19.0

selling at major UK retailers,

0:22.0

and making a real difference to thousands of lives.

0:25.0

Grow your business. Bank on Barclays.

0:28.0

Search Barclays Business Banking.

0:30.0

This is optimal finance daily.

0:33.0

Know thy investing self, by Nick Majulie of of dollars and data.

0:39.0

And I'm your host and personal finance enthusiast, Diana Merriam.

0:44.0

Now let's get right to it as we optimize your life.

0:48.0

Know thy investing self, by Nick Majuli of of Dollars and Data.com.

0:58.0

There's a great line that comes from George Goodman's The Money Game.

1:03.0

Note that Goodman went by the pseudonym Adam Smith.

1:07.0

Quote, the first thing you have to know is yourself.

1:12.0

A man who knows himself can step outside himself and watch his own

1:17.1

reactions like an observer." End quote. Knowing yourself as an investor will be far more important for your long-term

1:25.6

results than even the most perfect portfolio. Why? Investing is primarily a behavioral exercise, not an analytical one.

1:37.0

Despite all of the data that of dollars and data prides itself on displaying,

1:42.0

behavior beats analytics in the investment world.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Optimal Living Daily LLC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Optimal Living Daily LLC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.