Today, I want to lay down a marker. THIS IS WHEN YOU BUY! The great companies of the US and the World are on sale. That sale may (or may not) get better. If it does get better, it won’t get that much better. There will be some point in the not-too-distant future where we

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You’ve heard me say it over and over… and over and over… and over and over again. Creating a retirement income that rises to match your rising cost of living and lasts the rest of your life, while at the same time creating a legacy that potentially lasts across generations, is possible – even for

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Featured Articles: Good Writing From Around The Web Five Lessons from History   Every single one of these is spot on… #3 and #4 are my personal favorites. What are yours? How to Avoid the Envy Trap   Here are 6 practical tools to help you avoid comparing yourself to others. I would start with

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We know – vividly – what has already happened. We can never know what will come next. The humble recognition of this truth should be the foundation of any long-term investment philosophy. The question is, “Given that we cannot know what comes next, how should we invest?” From a micro level, when a company knows

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Featured Articles: Good Writing From Around The Web Neuroscientist: How Caffeine Works and What It Does to Your Body (Video)   Why I love coffee. (I have no idea how true any of this is, but it feels true). Closing Down the Billionaire Factory   The world of private equity is a parasite on the

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Clearly, there is a very low bar to shop at the local drugstore. If you are wearing a shirt and shoes (pants, I guess, are presumed), you can be a customer. Tellers can handle 20 customers (or more) in an hour without knowing anything about each customer. Professional service firms routinely spend multiple or even

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Featured Articles: Good Writing From Around The Web On Sarcasm   I was a caustically sarcastic teenager. I made the decision to be nicer in college and dropped sarcasm. Now, people act like I just don’t get it when I don’t appreciate sarcasm. Anyone else? Misinformation Is Here To Stay (And That’s OK)   Not

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There is a lot of negative news out there right now. Inflation is the worst it has been in 4 decades, there may be a recession around the corner (we may just be waiting for the National Bureau of Economic Research to verify what the 2 quarters of negative GDP has already told us), supply

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Featured Articles: Good Writing From Around The Web Reading The News is the New Smoking   For most of us, a reduction in news consumption would probably lead to better decisions and greater happiness. Why Optimists Live Longer Than The Rest Of Us   I believe this research, but I’m not sure it’s helpful. I

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