𝗧𝗵𝗲𝘀𝗲 𝟲 books 𝗱𝗿𝗮𝗺𝗮𝘁𝗶𝗰𝗮𝗹𝗹𝘆 𝗶𝗺𝗽𝗮𝗰𝘁𝗲𝗱 𝗺𝘆 𝗹𝗶𝗳𝗲. A well-researched non-fiction book is the single most info-dense piece of culture in existence, full stop. Some author spent a few years — hell, a decade, sometimes — gathering material, sifting through it,…
Traditional Economists or Self-help authors? So the question is whether popular finance books give the same valuable advice as academic economists. Economist & Finance professor James J. Choi was so interested in this question that he surveyed the 50 most…
Holding is the hardest part because it combines ALL the feelings & potential regrets that can arise from both buying & selling. Buying is the easy part of buy-and-hold. Anyone can buy-and-hope. It’s the hold part that’s hard. It was…
No one will ever sell me a get-rich-slow plan (because it wouldn’t sell very well), but it’s the only one that consistently works.
“There’s no point in saving for the future because we’re going to have war, revolution, and it’s all going to come to a violent end.” I’ve also heard that young people aren’t saving for retirement either (because “there is no…
Because I have a 100% success rate with my previous stock market forecasts & because it’s kind of a tradition here we go again. But first, let’s ponder on this: I’ve long believed that forecasts can be valuable even when…
𝗧𝗵𝗲 𝘀𝘁𝘂𝗳𝗳 𝗺𝗼𝘀𝘁 𝗽𝗲𝗼𝗽𝗹𝗲 𝗰𝗮𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 — 𝗺𝗼𝗻𝗲𝘆, 𝗰𝗮𝗿𝗲𝗲𝗿𝘀, 𝗳𝗮𝗺𝗲, 𝗳𝗼𝗿𝘁𝘂𝗻𝗲, 𝗺𝗮𝘁𝗲𝗿𝗶𝗮𝗹 𝗽𝗼𝘀𝘀𝗲𝘀𝘀𝗶𝗼𝗻𝘀, 𝗲𝘁𝗰. — 𝗵𝗮𝘀 𝗹𝗶𝘁𝘁𝗹𝗲 𝘁𝗼 𝗻𝗼 𝗶𝗺𝗽𝗮𝗰𝘁 𝗼𝗻 𝗼𝘂𝗿 𝗵𝗮𝗽𝗽𝗶𝗻𝗲𝘀𝘀. “Good relationships are significant enough that if we had to take all eighty-four years of the Harvard…
Most people believe that the antidote to financial stress is more money. But it’s not. A stress-free financial life is a function of how you structure your financial affairs, your attitudes toward money & how you use it. Society has…
