EPISODE · Apr 22, 2025 · 19 MIN
What You Can Control in Investing (and What You Can't)
from The Fiscal Physical Retirement Podcast · host Aaron & Ryan
Most investors spend the most time on the one thing they cannot control: returns. Ryan uses his important-versus-controllable Venn diagram to reframe what actually deserves your attention. Returns are a function of risk. Risk is something you can control. That shift in focus changes everything about how you build and manage a portfolio.Ryan also explains why individual stock picking belongs in the unimportant column and why portfolio construction using the principles of modern portfolio theory belongs in the important one. If you have been chasing performance or reacting to market headlines, this episode gives you a cleaner and more actionable mental model for making investment decisions.Find "Your Fiscal Physical" the book on AmazonIf you have suggestions or feedback, please email us at: [email protected], as always, Stay the Course!
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Most investors spend the most time on the one thing they cannot control: returns. Ryan uses his important-versus-controllable Venn diagram to reframe what actually deserves your attention. Returns are a function of risk. Risk is something you can control. That shift in focus changes everything about how you build and manage a portfolio. Ryan also explains why individual stock picking belongs in the unimportant column and why portfolio construction using the principles of modern portfolio the...
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What You Can Control in Investing (and What You Can't)
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