Reversion To The Mean — Episode 8: Avocado Toast

EPISODE 8: AVOCADO TOAST iTunes-Episode 008: Avocado Toast Show notes: Ben Carlson: Mean Reversion & The Placebo Effect Mr. Money Mustache: The Twenty Dollar Swim From Reddit: “Financial independence is 5% saving, 5% investing, and 90% waiting a couple decades.” Felix Salmon: Paying off your house is saving for retirement Ben Carlson: 10 Money Revelations From Being a Read more about Reversion To The Mean — Episode 8: Avocado Toast[…]

Reversion To The Mean — Episode 7: Tip-Top Shape

EPISODE 7: TIP-TOP SHAPE iTunes-Episode 007: Tip-Top Shape Show notes: LeBron James reportedly spends seven figures a year on his body. A Wealth Of Common Sense: Are SUVs Ruining Retirement Savings? The Big House Yahoo Finance: Wells Fargo automated high-net-worth wealth management WSJ: A Plan for Your Children Could Save Your Retirement Master’s in Business: John Carreyrou Couple’s Read more about Reversion To The Mean — Episode 7: Tip-Top Shape[…]

Reversion To The Mean — Episode 6: Lipstick Riches

EPISODE 6: LIPSTICK RICHES iTunes-Episode 006: Lipstick Riches Show notes: Forbes: How 20-Year-Old Kylie Jenner Built A $900 Million Fortune In Less Than 3 Years Vanity Fair: Brett Kavanaugh’s Explanation For His Crippling Credit-Card Debt Is Pure MAGA Felix Salmon Tweet The Reformed Broker: Predictable Elements for an Unpredictable World A Wealth Of Common Sense: Concentration in the Read more about Reversion To The Mean — Episode 6: Lipstick Riches[…]

Wealth Is What You Don’t See

Wealth, in fact, is what you don’t see. It’s the cars not purchased. The diamonds not bought. The renovations postponed, the clothes forgone and the first-class upgrade declined. It’s assets in the bank that haven’t yet been converted into the stuff you see. – Morgan Housel I love this quote from Morgan. Why? Because now Read more about Wealth Is What You Don’t See[…]