Is it better to be an active or passive investor? That’s the age-old question and one that Tom Sosnoff, founder and CEO of Tastylive, explored during his appearance on Stocks in Translation.
He delved into the key differences between the two approaches and shared his insights on why active trading offers investors a more advantageous path. He explains, “The whole concept of active trading is you learn how to make decisions. You learn how to take risk. You learn how to assess probabilities. You learn how to invest strategically if you want to, and then if you don't want to, you can always go back and passively invest, but you don't learn how to take risk as a passive investor... If you are going to go somewhere in life, you have to learn to take risks.”
Listen to the full episode here or wherever you get your podcasts.
For expert insight and the latest market action, click here to watch more Stocks in Translation.
This post was written by Neil Mulcahy.