Morgan Housel has an excellent post about Cumulative vs. Cyclical Knowledge, which points out how humans don’t seem to be able
Category: Inspirational
Real-World Numbers: Investing $850 a Month Turned Into $200,000 Over 10 Years (2022 Edition)
Instead of focusing on the current hot thing, how about stepping back and taking the longer view? How would a steady
Wild Book: What Do You Plan To Do With Your One Wild and Precious Life?
I’ve been catching up on some memoirs and recently finished Wild by Cheryl Strayed. (I haven’t seen the movie.) I mention
Good Luck or Bad Luck? Maybe, It’s Hard To Tell
Reading children’s books to my kids has become a regular source of new wisdom. I guess that’s not surprising, if the
NYT Financial Tuneup Day 4: Retirement
Day 4 of the NY Times 7-Day Financial Tuneup is about retirement. (Sign up for your own personalized tune-up here.) This
Ikigai – Finding Your “Reason For Being”
I stumbled across the concept of ikigai in Japanese culture – loosely translated as “reason for being” – in this Medium
NYT Financial Tuneup Day 2: Trim Your Budget
Day 2 of my NY Times 7-Day Financial Tuneup is called Trim Your Budget. The key here is to take action,
NYT Financial Tuneup Day 1: Optimize Your Thinking
I’ve been in a “Back to Basics” mood and decided to work through the NY Times 7-Day Financial Tuneup. I don’t
401k Millionaire By Age 45: How Was It Possible?
With the ongoing bull stock market, more people are reaching $1,000,000 balances in their 401k every day. However, a more extreme
Anthony Bourdain: Taking One More Risk Changed Everything
Anthony Bourdain gets to travel around the world, eat great food, and hang out with interesting people. I have read a
Charlie Munger’s Life as a Financial Independence Blueprint
Charles Munger is probably best known as the Vice Chairman of Berkshire Hathaway and partner of Warren Buffett. The University of
Good News: Here’s How the World Has Improved Over the Past 25 and 50 Years
Bad news seems to come at us from all angles, but sometimes we need to step back and point out the
Barking Up The Wrong Tree: The Benefits of Being Mostly Optimistic
Eric Barker writes at Bakadesuyo.com and his talent/skill is synthesizing hundreds of different sources of academic research and historical anecdotes into
How To Make Your Life Completely Miserable
If you are a fan of Charlie Munger and his principle of inversion, you will enjoy this video by CGP Grey*
Money Diaries: Anthony Bourdain, Spike Lee, Kylie Jenner, and Other Interesting People
It’s been more than a decade since I started this site because I had no other outlet to talk about financial
Infographic: It’s Never Too Late To Start
There’s a new movie out about Ray Kroc and McDonald’s called The Founder. Did you know that Kroc was selling milkshake
HBO Documentary: Becoming Warren Buffett
HBO has a new documentary film called Becoming Warren Buffett that includes a more personal look at his life, including “never-before-released
Two Ways to Get Rich: Save Like Crazy, or Start a Business
Tom Corley performed a study examining 233 self-made millionaires over 5 years, and found that they fell into one of two