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Morgan’s famous testimony to Congress that character came before money or property.
Frank Partnoy • The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals
asymmetric aversion to loss
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness

If I had to grow a SaaS to $100k/month from ZERO today with AI, this is exactly how I’d do it:
I’d start by picking a niche I deeply understand. Maybe it’s ghostwriters, short-form video editors, newsletter operators. People who have recurring, painful, time-consuming tasks that https://t.co/C8x9KTp865
Last fall, as the panic heated up, hardly anyone had heard of Meredith Whitney. ``I guess my clients knew who I was,'' she says, ``but the rest of the world -- I don't think so.''
Top Financial News
operated by trust companies and banks in many states; or, if his funds are substantial, use the services of a recognized investment-counsel firm.
Benjamin Graham • The Intelligent Investor, Rev. Ed (Collins Business Essentials)
most highly profitable firms tend to become less profitable over time as competitors chip away at their franchises.
Pat Dorsey • The Five Rules for Successful Stock Investing: Morningstar's Guide to Building Wealth and Winning in the Market
A few pointers will help you avoid buying a stock that turns out to be an accounting time bomb:
Benjamin Graham • The Intelligent Investor, Rev. Ed (Collins Business Essentials)
- Low interest rates and the intentional birth of the American consumer.