Nine Lessons in Wealth-Building

Robert Brokamp notes: “Want to become a millionaire? Then perhaps you should start by studying the behaviors of people who have done it. But don’t worry – you don’t need to stop the next Mercedes you see and ask the driver intrusive questions, because two authors have done all the work for you. One of their findings: Most millionaires don’t drive a Mercedes.” Read the full article >>

Diversification Across Time

Ian Ayres and Barry Nalebuff demonstrate the significant benefits of buying equities early in life, even if leverage is involved.  The original research is here, a much more accessible article can be found here, and their website can be found here.