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A comment on I regret selling my startup. Parent comment

Re:I regret selling my startup by neilv on Wednesday January 17, 2024 @03:50AM (#39025095)
Wouldn't those guys inspire some people to spend huge amounts of time researching, stock-picking companies companies you can understand with moats and good management teams, trying to buy when blood in the water, oddly favor junk food, etc.?

Jack Bogle would have you park it in a balance of broad index funds, and generally don't touch it, nor even think about it:

https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investment_...

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Re:I regret selling my startup by iancmceachern on Wednesday January 17, 2024 @04:30AM (#39025461)
Yes, once. And then they would tell you to leave it alone, and not think about it, at all, for 30 years.
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Re:I regret selling my startup by tourmalinetaco on Wednesday January 17, 2024 @04:52AM (#39025639)
Considering Buffett challenged hedge funds that they couldn’t beat S&P500 index funds over a decade, I‘d say they‘re both on the same page:

https://www.investopedia.com/articles/investing/030916/buffe...

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Re:I regret selling my startup by neilv on Wednesday January 17, 2024 @10:11PM (#39037192)
Yep, and IIRC Buffet suggested S&P for wife's investments. His research-heavy investment, and ideas around stock-picking, seems to be how he wants to spend his time.

So, if trying to steer people away from obsessing about growing/hoarding more money than they'll ever need... maybe just steer away from Buffet altogether, and towards Bogle.

(Bogleheads can also become a time-consuming activity, but more likely to instill the message of just stuffing it in total-market index funds, keep it boring, and don't think about it.)

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