What If Financial Success Is About Saving More?

It’s a little scary that this article even had to be written, but Carl Richards re-affirms what “millionaire-next-door-types” have always known:  Living frugally and investing your savings prudently is far more important to wealth-accumulation than trying to “beat the market”.  The former has an almost 100% chance of success, while the latter an almost 0% Read more about What If Financial Success Is About Saving More?[…]

99% of Investing is Doing Nothing

Morgon Housel rightly notes that: “Building wealth over a lifetime doesn’t require a lifetime of superior skill. It requires pretty mediocre skills — basic arithmetic and a grasp of investing fundamentals — practiced consistently throughout your entire lifetime, especially during times of mania and panic.” Read the full article >>

No Silver Bullets in Investing, There’s Just Snake Oil in New Bottles

This is a brilliant piece from James Montier of GMO. “Modern day investment management resembles, sadly, another old profession – and I’m not thinking of the oldest one, although there may be parallels there as well. Rather, I’m thinking of ancient alchemy with its near constant promises to turn lead into gold, just as investment managers repeatedly offer Read more about No Silver Bullets in Investing, There’s Just Snake Oil in New Bottles[…]