One of the consistent things we’ve noticed in our Q&As is that people are much more focused on trying to squeeze an extra 5-10% raise instead of trying to generate 5-10% by themselves in some sort of small business. We used to wonder why this was the case but now have an answer. People are […]
The reason is actually quite simple. If you become successful in life, you’re a person who enjoys becoming better every single day. You don’t enjoy sitting around drinking a bunch of beers and eating French fries for 10 hours straight in front of a TV screen. You enjoy getting better at *something* every single year. […]
Two quick notes: First, thank all of you! It has been incredibly fun writing for all these years even if we’ve slowly adapted and changed the content as our interests have evolved. We still remember writing about getting into banking and now we’re not even sure if that’s worth it outside of M&A. We’ve considered […]
In bull markets, like what we’re seeing today, a lot of people feel wealthier. They look at their portfolios and realize they are up say 20-30% and believe they are “way ahead’. Unfortunately, this may or may not be true in terms of their actual wealth. Why? Well wealth is relative to the people around […]
Q&A is closed.
For some reason the holiday season always causes us to think about major life changing events and significant milestones. There are a few things that change the way you think about life. Most of them involve mental shifts and some simply come out of the blue. If you don’t experience some of them, you’ll never […]