The Rules, Part 9: Only Own Wealth Creators
There is one test that sits above every other. A business either creates wealth for its owners, or it destroys […]
The Rules
The Rules
First principles of investing — the discipline behind every strategy.
The Rules
The Rules, Part 8: Know What You Own
Most investors have no idea what they own. They have a list of ticker symbols, a brokerage balance, and a
The Rules
The Rules, Part 7: Being Wrong Less Often
The Rules, Part 7: Being Wrong Less Often The goal is not to never be wrong. That is not available.
The Rules
The Rules, Part 6: Don’t Fall in Love With a Stock
Holding too long past the point of reason isn’t patience. It’s attachment. And attachment has no place in a portfolio.
The Rules
The Rules, Part 5: Don’t Try to Time the Market
Everyone who has ever invested has had the thought: “Maybe I should wait. Maybe now isn’t the right time.” Most
The Rules
The Rules, Part 4: Reinvest Your Dividends
The Rules, Part 4: Reinvest Your Dividends The dividend check feels like a reward. It is. But cashing it might
The Rules
The Rules, Part 3: Minimize Friction
The Rules, Part 3: Minimize Friction You can start early. You can stay patient. You can let compounding run. And
The Rules
The Rules, Part 2: The Magic of Compounding
Start early. Stay patient. Let time do the work that no strategy, no stock picker, and no fund manager can
The Rules
The Rules, Part 1: Buy and Hold
The Rules, Part 1: Buy and Hold Before the strategy, the discipline. You can know all the right methods and