Business
Step aside bull and bear, the humble sloth is the BEST animal to characterise successful investing.
From Mr. Sloth, the host of the Sloth Investor podcast, comes The Sloth Investor, a book catering to beginner investors, young and old, seeking to take advantage of the greatest wealth creation machine of all time. The Sloth Investor provides an evidence-based framework for those looking to increase their wealth in a simple, yet powerful manner. Underpinned by his 5 bedrock principles (Simplicity, Low Fees, Own the World, Time, Headstrong) Mr. Sloth shows you how to construct a simple, low-fee, globally diversified portfolio.
The Sloth Investor shines a spotlight on investors past and present that have shaped Mr. Sloth’s approach to investing money. Crammed full of actionable takeaways that are distilled into easily understandable chapters, Mr. Sloth expands on the evidence for an inactive, less is more, ‘sloth-like’ approach to investing. The humble sloth is the investing spirit animal that you didn’t learn about at school.
Now, here’s your opportunity!
Here's what readers have to say about this book....
If one lesson stands out from the annals of financial history, it is that investors get in their own way. These self-imposed hurdles often stem from over-complicating investment strategies and/or trading too much. For most investors, a simple investment approach is the best tactic. There is truth to the old adage that the best performing accounts belong to those that have died, and could no longer get in their own way. Of the 5 ‘Sloth Investing’ principles, I think the power of simplicity is particularly crucial.
Investors have an in-built bias towards action, which the media only encourages and the industry loves to exploit. But R P Stevens is perfectly right: lethargy and sloth produce much better outcomes.
I really like the idea of investing slowly, patiently and persistently, with low costs and an unshakeable focus on the long term.
For many, investing is both complex and intimidating. The Sloth Investor, through his 5 bedrock principles and naturally inactive demeanour, provides a clear, evidence based approach to investing. It’s the perfect antidote to the complicated jargon commonly used by the financial media.