What Sam Parr has said about Patient investing and decision frequency

Parr reports that the investor he met has earned nearly 22% annually over the past decade.

“he's had nearly a 22% annual return for the last decade, which is amazing”

My First Million: We put a multimillionaire’s portfolio into Claude (the results shocked us) (Oct 19, 2026) · Listen from 1:08

Parr says analysis in Claude showed the investor averaged just 2.9 buy or sell decisions per year.

“But what was interesting is that he only made 2.9 decisions a year”

My First Million: We put a multimillionaire’s portfolio into Claude (the results shocked us) (Oct 19, 2026) · Listen from 1:38

Parr admits that he and Puri tend to confuse activity with progress despite preaching patience.

“We move a lot and we oftentimes mistake movement with progress”

My First Million: We put a multimillionaire’s portfolio into Claude (the results shocked us) (Oct 19, 2026) · Listen from 2:45

Parr recommends sorting decisions by reversibility and not agonizing over reversible ones.

“you determine what decision is reversible and which isn't. And for the ones that are reversible, don't sweat over them”

My First Million: We put a multimillionaire’s portfolio into Claude (the results shocked us) (Oct 19, 2026) · Listen from 4:37