sing examples from vacations to colonoscopies, Nobel laureate and founder of behavioral economics Daniel Kahneman reveals how our “experiencing selves” and our “remembering selves” perceive happiness differently
investing is simple: Diversify, buy and hold, keep costs low.
Thinking, Fast and Slow | Daniel Kahneman
- There’s a real demand for overconfidence
- … TBC
26 investment lessons in 30 years by Jim OShaughnessy
Cancel Crash
This is a great documentary about the 1987 crash.
So rationality is: Across a broad range of disciplines, you know what works and what doesn’t and why.
Charlie Munger
Source: https://www.wsj.com/articles/charlie-munger-unplugged-11556935195
JAY-Z – Legacy
Generational wealth, that’s the key
My parents ain’t have shit, so that shift started with me
We’re never going to close the wealth gap by bringing down those at the top. We have to bring up everyone else, especially those at the bottom.
Source: https://theirrelevantinvestor.com/2020/10/25/who-owns-the-stock-market/
We progress at night when the politicians sleep.
Brazilian saying
“Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to only so far as it may be necessary for promoting that of the consumer.”
Smith, Adam.