Morgan Housel, the New York Times best-selling author, partner at a venture capital firm, and one of the board members of Markel Group, shared a piece of advice for investors. Housel is the author of bestselling books like The Psychology of Money, Same as Ever, and The Art of Spending Money.
In 2025, Morgan Housel famously said that the majority of good investing is when investors do nothing, and the remaining 1% of investing strategy is when people know how to behave when the world is going crazy over market volatility.
“For most investors: 99% of good investing is doing nothing, the other 1% is how you behave when the world is going crazy,” said Morgan Housel in a social media post on platform X.
Morgan Housel’s iconic quote about a good investing strategy comes to mind at a time when stock market investors are in search of investments generating good returns, while navigating market volatility and investor fears.
Lessons from Morgan Housel
In his book, The Psychology of Money, Housel talked about lessons for investors that have the potential to change how millions of people think about money. Morgan Housel’s idea was that money decisions are emotional long before they are logical.
He said that financial success is driven by behavior more than people’s intelligence.
(This is a developing story. Please check back for updates.)

