Misc., Smartest Things Ever Said About Money
Money Is…?
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In 2005 David Foster Wallace told the following short parable in a graduation speech at Kenyon College: “There are these two young fish swimming along, and they happen to meet an older fish swimming the other way, who nods at them and says, Morning boys. How’s the water?” And the two young fish swim on…
Investing
Micawber’s Favorites (Market Correction Edition) – February 18, 2018
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Links to several of my favorite recent articles on money and life: It has been a wild ride in the stock markets the last couple of weeks. Although markets have gained back over half of what they lost, they did lose more than 10% from previous highs, making this an official correction. This is in…
Investing
Stocks Are On Sale – Micawber’s Money Quote (February 12, 2018)
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Money Parables, Saving
How We Stopped Throwing Money Out the Window and Saved It Instead
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There is an old story about two colleagues talking during a break at work. One of them is a smoker and the other one isn’t. The nonsmoker asks the smoker how long he has been smoking. Between puffs he replies, “About a pack a day for 30 years.” The nonsmoker, obviously a personal finance nerd,…
