Leo Fujino is a trustworthy person, but he doesn't invest in active funds

A video where Fujino talks about the appeal of active funds.

The former president said, “When I talk to investors, they only talk about 'whether to make money or not. ' Under such circumstances, Mr. Fujino asks, “Does business contribute to society?” I've heard stories like “That's why I can trust you.”

I also think that business should contribute to society, so I remember thinking, “Mr. Fujino, that's great.”

At the time, I had zero investment knowledge, but after studying various things, I started investing, and the core way of thinking is “not devoting resources to investing.”

Even though it's a world where professionals work desperately and lose to the index, there's no way amateurs can win by doing it the same way.

You might win, but that's just luck.

In the video, data that “the active win rate in 10 years is 30% in Japan” is introduced.

There is also talk of “Let's invest in an active fund with a fund manager with visible and trustworthy faces.”

So how do amateurs identify “trustworthy fund managers”?

Also, even in Japan, where “active is easy to win,” only 30% can win the index.

Providing information carefully selected by fund managers with visible faces may be valuable, but as an investor with a “don't spend time investing” policy, even looking at it is an overdose of information.

Most of us don't live to invest, and even if we live for that, we still lose.

It might be nice if it's fun and you do it as a hobby, but since investment is a swamp, you may end up investing time and resources that you really should cherish.

Don't underestimate the power of “money,” something that is quantitative and strongly stimulates human desires.

In order not to be entangled in a desire for “money,” you should keep an appropriate distance when dealing with investments.

I myself started investing last year, and I wanted to do a lot of things until my stance was decided.

Individual stocks, leveraged ETFs, virtual currency, etc.

The reason I stopped was because I was afraid of the risk of “getting my heart entangled.”

Avoiding risks by properly fearing what you should be afraid of is insanely important.

There are probably people who say “I'm not cool” or “I don't have any dreams,” but you can just let them say it.

If anything, being able to avoid risks and continue to act based on a solid investment philosophy is insanely cool, and if necessary asset formation can be achieved with that, it would rather be a dream come true.

So, let's forget about investments today and have a nice day.