9 "Self-Evident" Foolish Truths, No. 4: Invest With the Wind at Your Back

This week is the 120th Rule Breakers podcast, and as Motley Fool co-founder David Gardner looked back, he realized he's covered a whole lot of subjects in those shows. More to the point, with all those episodes behind him, there are some areas he may not have covered in detail in a while. So he's getting back to basics with a set of ideas he thinks any Foolish investor ought to take for granted -- because he's not taking it for granted that everyone knows them.

In this segment, he discusses a bit of advice from Wall Street icon Jack Bogle, who defined "Rowboat Syndrome": the idea that if you're paddling toward your future in the proverbial rowboat, you're looking toward the past. He prefers a metaphorical canoe. That's better, says Gardner, but better still is to use a metaphorical sailboat.

A full transcript follows the video.

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Source: Fool.com