Brent Esplin

The Secret Millionaires Club: Warren Buffett Becomes a Cartoon of Himself to Teach Kids About Business and Money

After you get your own finances in order, teaching your children basic financial skills is one of the most important things you can do. I agree with Andrew Tobias, who stated the following in his book The Only Investment Guide You’ll Ever Need:  “I’m keenly aware that they are your kids, not mine, so I…

The Four Laws of Success and Probability

Of course I believe in luck.  How otherwise to explain the success of those you dislike?  – Jean Cocteau, French writer and artist The most important questions of life are, for the most part, really only problems of probability.  – Pierre-Simon Maquis de Laplace, French mathematician & pioneer in the field of statistics Meeting Phil…

Cars are the Great Middle-Class Wealth Destroyer

Drive-in banks were established so most of the cars today could see their real owners.  – E. Joseph Crossman I have long thought that cars were a great destroyer of middle-class wealth.  Recently I stumbled across some evidence confirming this.  The evidence came in the form of a graph created by the Wall Street Journal…

5 Simple Ways to Make Money Being Fearful When Others are Greedy and Greedy When Others are Fearful

“Periodic outbreaks of those two super-contagious diseases, fear and greed, will forever occur in the investment community.  The timing of these epidemics will be unpredictable.  And the market aberrations produced by them will be equally unpredictable, both as to duration and degree.  Therefore, we never try to anticipate the arrival or departure of either disease. …