Sublime
An inspiration engine for ideas
Avoid the extreme ends of financial decisions. Everyone’s
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
incentives are scrambled together into a narrative that works for you.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Few people make financial decisions purely with a spreadsheet. They make them at the dinner table, or in a company meeting. Places where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together into a narrative that works for you.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
It should surprise no one that many of us are bad at saving and investing for retirement. We’re not crazy. We’re all just newbies.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Chaos causes conflict and entertainment.
Invest like the Best • Gabriel Leydon - Designing Digital Economies - Invest Like the Best with Patrick O'Shaughnessy
Remember that most people will pretend to operate in your interest while operating in their own.
Ray Dalio • Principles: Life and Work
Investor Dean Williams once said, “Expertise is great, but it has a bad side effect. It tends to create an inability to accept new ideas.”
collaborativefund.com • Experts From a World That No Longer Exists · Collaborative Fund
The threat to a buy-and-hold program is the investor himself. Following his stocks and listening to stories and advice about them can lead to trading actively, producing on average the inferior results about which I’ve warned. Buying an index avoids this trap.
Edward O. Thorp • A Man for All Markets
goalpost of lifestyle desires