Jeff Bezos, founder, chairman, CEO, and president of Amazon is one of the richest men in the world. In a meeting with Warren Buffett, he asked America’s most prolific investor, “Your investment thesis is so simple. You’re one of the richest guys in the world, and it’s so simple. Why doesn’t everyone just copy you?” Warren Buffett responded […]
The Road Less Travelled Read More »
As a personal finance blogger, I’ve gone through my fair share of financial advice books. Let’s face it: many of them can be quite dull. They’re filled with investment strategies and tax loopholes but often miss the human touch, making them feel like repetitive lectures rather than engaging lessons. This is why I’ve turned to
Lessons From My Mentors Read More »
During the 2023 holiday season, I had a lightbulb moment while playing board games with my family. For the first time in a long while, I felt truly happy, not worrying about the past or the future, just enjoying the now. This was a big deal for me, someone who’s usually wrapped up in anxiety
One of my favourite Benjamin Graham investment quotes is, “The purpose of the margin of safety is to render the forecast unnecessary.” There so much insight and wisdom distilled into that eloquent line. The major point about the margin of safety is that it removes the speculator’s need to predict the future, thus turning that speculator
Saving money: for many, it’s a goal that seems just out of reach, something constantly overshadowed by immediate needs and wants. Yet, building a savings buffer is undeniably vital for weathering financial storms, avoiding debt, and ensuring stability. But what if there was a method to make saving not just practical, but also enjoyable? This
Save For A Rainy Day Read More »
In the journey towards financial freedom, the first step is often the hardest: understanding and controlling your spending habits. This journey is less about draconian cuts and more about awareness and smart choices. Let’s explore how to track, analyse, and adjust your spending habits to pave the way for a healthier financial future. The Story
Understanding Your Current Spending Habits: The First Step to Financial Freedom Read More »
Imagine having the opportunity to invest in a friend and receive 10% of their income for life. Buffett posed this scenario to students, urging them to consider which traits make a person a worthwhile investment. However, this exercise extends far beyond financial gain. It prompts us to reflect on the various currencies that shape our
Unlocking Life’s Currencies: A Thought Experiment in Character Assessment Read More »
Paul Graham’s essay “Cities and Ambition” is a treasure trove of insights on how the places we live in can profoundly shape our goals, ambitions, and, ultimately, our life’s trajectory. You might wonder what a piece about cities has to do with your ambitions, but you’ll soon discover that Graham’s wisdom goes far beyond geography.
How Choosing The Right ‘City’ Shapes Your Life & Finances Read More »
In today’s fast-paced world, where time slips through our fingers like grains of sand, the wisdom of Paul Graham’s essay, “Life is Short,” resonates more profoundly than ever. Graham’s essay prompts us to rethink how we use our most precious resource: time. While his essay doesn’t explicitly focus on personal finance, the lessons it imparts
Seizing Control of Your Finances: Lessons from Paul Graham’s ‘Life is Short’ Read More »
