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[…]
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[…]
I have been obsessed with the stock market since the 4th grade, when my class did a stock market game. We did it again in the 5th grade, and then to add icing on the cake, my 6th grade teacher told us a story about how his friend the stock broker arrived at work on Read more about Reminiscences of a Stock Trader[…]
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[…]
The size of new homes has dramatically increased over the past 50 years, while the size of the average family has decreased. In 2015, the median size of a new construction home was 2,476 square feet compared to 1,525 in 1973. During this time the average size of the US family has decreased from 3.48 Read more about The Big House[…]
EPISODE 5: MEB’S PYRAMIDS iTunes-Episode 005: Meb’s Pyramids Show notes: Of Dollars and Data: The Privilege of Knowledge The Economist: The Growth of Index Investing Has Not Made Markets Less Efficient Meb Faber: The Investment Pyramid Wealth Management: Show Me the Social Security Money Grammarly LastPass
For those who like to plan, it can be a tough challenge when life throws curveballs and your plans have to change. It can feel frustrating when external forces, that you had no control over, force you to make that change. Events like this can make some people say “what’s the point in planning?” Planning Read more about Plan and Adapt[…]
EPISODE 4: WHAT’S ENOUGH? iTunes-Episode 004: What’s Enough? Show notes: WSJ: How One Small School’s Endowment Is Topping the Class Shit Ton Of Money Twitter Poll ESI Money: Millionaire Interview 73 Morningstar: Do You Have Enough to Retire? All About Your Benjamins The Podcast Ep. 018: Project One Question-EBI West Slack
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[…]