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"I manifest a future and that future is so convincing, there's no way it won't happen." -- Nvidia CEO Jensen Huang on how he makes crucial decisions From the latest Lex Fridman podcast (cc: @lexfridman)

Buffett discourages most people from picking individual stocks because beating the market consistently is extremely difficult. He believes a simple, low cost index fund is more likely to outperform the average actively managed fund over the long run.

With a weekly $100 investment you could have: $87,032 in 10 years $312,771 in 20 years $898,281 in 30 years $2,416,941 in 40 years Most of the growth comes from returns, not contributions.

Billionaire Warren Buffett averaged almost 20% per year since 1965 by picking stocks. Yet he says most people should invest in an S&P 500 index fund instead. Here’s why.