That’s right!
Next week, J.D. will be back curating the best and brightest money blog posts he finds in the world and we are the beneficiaries. Until then, you are still stuck with me. 🙂
[It’s March 31st, not April 1st, so this isn’t a cruel joke]
The Four Retirement Groups [ESI Money] – “We found that survey respondents in the heart of retirement divide into four distinct groups, characterized by their attitudes and ambitions, their circumstances and retirement preparations, and their level of enjoyment of life in retirement. We have named these groups Purposeful Pathfinders, Relaxed Traditionalists, Challenged yet Hopefuls, and Regretful Strugglers.”
Revisiting Warren Buffett’s Advice to Me in 2008 (Plus: 7 Lessons for Young Investors) [The Tim Ferriss Show] – “If someone asked me to give investing advice to a 30-year-old today who had just made their first million, I would first point them somewhere else. I’m not a financial advisor and don’t think I’m qualified to give anyone financial advice. The particulars matter too much. But if they insisted, I might say: …” There are some great gems in here that you’ve probably not read elsewhere, including #6 – “Over-optimizing is just as bad, if not worse, than under-optimizing. Past a certain point, buying extra Skittles just doesn’t fucking matter. So, a note to self: stop fiddling around with your goddamn spreadsheets and get more interesting hobbies on the calendar. What hobbies? Exactly.”
The Queen of Wall Street – Hetty Green: America’s First Value Investor [CAIA Association] – “However, contrary to conventional wisdom, Graham was not the first American to apply the principles of value investing. Before Graham was even born, a woman by the name of Hetty Green used these principles to tame the wild markets of the Gilded Age and establish herself as the richest woman in America. Further, Green developed these principles instinctively at an early age, enabling her to thrive during several market panics that ruined many of her male contemporaries. In contrast, Graham embraced value investing only after narrowly avoiding financial ruin after levering his portfolio prior to the Great Crash of 1929.”
Get yourself psyched up for next week, when J.D. is back! 😉