Codie SanchezFounder @ Contrarian Thinking

The BEST investment advice everyone ignores

27 May 2026 · 1 min

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In this brief monologue, Codie Sanchez argues that aspiring investors should stop obsessing over marginal financial details—such as which 401(k) fund to pick or which savings account to use—and instead focus on asking better, higher‑level questions and improving overall decision‑making. She contends that this strategic mindset, though less flashy and harder to quantify, is the real driver of rapid wealth creation, whereas quick‑fix, “fast‑dirty‑cheap” advice keeps people stuck in low‑return habits.

Chapters

How do you make your first million fast? Where do I invest this $1 that I have? Instead of obsessing about which 401 investment you should go into or which savings account you can use, that's so marginal. That is a great way to feel busy while staying poor. And a good way, I think, to get rich monetarily is to ask better questions and to have better decision-making. It's just so much less sexy because it's not linear. You can't say, if I make better decisions, I will have a 4% return instead of a 10% return. And I think that's where young people go sideways. They're like, give me the quick, fast, dirty, cheap. And that's really never going to make you much money.