The Meb Faber Show · Friday, July 10, 2026
Dr. Joseph Moore advocates for a long-term approach to investing, emphasizing the importance of buying assets one believes in and holding them through market fluctuations. He dismisses market timing and stock picking as common mistakes, stating that true wealth is built by investing for the long haul. Moore also shares his personal journey of learning from mistakes and persevering in his investment strategy.
“The biggest mistake that people make in investing is they buy stocks because they think they're going to go up. And they sell stocks because they think they're going to go down. And that's not how you make money.”
“You make money by buying stocks that you believe in, that you think have long term value, and holding onto them through the ups and downs. And so, you know, it's a long term game. It's not about trying to time the market.”
“When I started out, I had no idea what I was doing. I was completely clueless. And I made a lot of mistakes. And I lost a lot of money. But I learned from my mistakes. And I kept learning.”