“Imagine how much harder physics would be if electrons had feelings.” – Richard Feynman. Welcome to financial markets.
Investing
Why stock prices move and how to beat the market without outsmarting anyone.
If you want an advantage, look for side doors.
Compound interest is so powerful that Albert Einstein is said to have called it “the most powerful force in the universe.”
To sum things up, bad debt is borrowing money to buy liabilities while good debt is borrowing money to buy assets. This knowledge is one of the key factors that separate affluent individuals and everyone else.
Warren Buffett and Charlie Munger explain the benefits of working with less capital during Berkshire Hathaway’s annual meeting […]