I am not kidding. A close second is the one who forgot his log in details:
https://twocents.lifehacker.com/the-best-investors-literally-forget-about-their-portfol-1782581085
" In fact, lazy investing is so effective, a study from Fidelity found that the best performing investors had either forgotten about their accounts or even crazier—they were dead."
"Fidelity reportedly conducted an internal study—a performance review of accounts between 2003 and 2013 to find which accounts did the best. I love the way Living Rich Cheaply explained it (emphasis ours):
They found that the best performing accounts were from investors who were DEAD! In second place were investors who had FORGOTTEN they had accounts at Fidelity.
This was an internal study that made its rounds when asset manager James O’Shaughnessy relayed it on Bloomberg radio. However, it’s certainly not the first study to show that lazy portfolios work. Over time, slow and steady seem to win the race when it comes to investing. While active investors will tell you it’s possible to time the market and make a killing by playing stocks, the data seems to show otherwise, and set and forget investing is probably the easiest and safest bet for beginner investors anyway."
https://twocents.lifehacker.com/the-best-investors-literally-forget-about-their-portfol-1782581085
" In fact, lazy investing is so effective, a study from Fidelity found that the best performing investors had either forgotten about their accounts or even crazier—they were dead."
"Fidelity reportedly conducted an internal study—a performance review of accounts between 2003 and 2013 to find which accounts did the best. I love the way Living Rich Cheaply explained it (emphasis ours):
They found that the best performing accounts were from investors who were DEAD! In second place were investors who had FORGOTTEN they had accounts at Fidelity.
This was an internal study that made its rounds when asset manager James O’Shaughnessy relayed it on Bloomberg radio. However, it’s certainly not the first study to show that lazy portfolios work. Over time, slow and steady seem to win the race when it comes to investing. While active investors will tell you it’s possible to time the market and make a killing by playing stocks, the data seems to show otherwise, and set and forget investing is probably the easiest and safest bet for beginner investors anyway."
