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Misc., Money Parables
“Her Name Was Dottie”: Life’s Final Exam is Not About Net Worth but About Treating Others as People of Worth
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It is well to remember that the entire universe, with one trifling exception, is composed of others. – John Andrew Holmes, US congressman and senator in the early 1800s Managing our money wisely is a necessary ingredient to a happy life, but certainly not the most important ingredient. I was reminded of this again last month…
Investing
Invest You Must – Weekly Money Quote (March 21, 2016)
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Don’t Pay for the Overconfidence of Your Investment Advisors
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“Overconfidence is a very serious problem. If you don’t think it affects you, that’s probably because you are overconfident.” – Carl Richards In late 2007 legendary investor Warren Buffett made a $1,000,000 bet with Protégé Partners, LLC with the winnings going to charity. The terms of the wager are as follows: “Over a ten-year period…