How do you know if you are on the right path and that you will satisfied with your choices? [mainbodyad]Close your eyes for a moment. Imagine that for the next ten years, you continue to do exactly what you do now. You eat the same foods, dress the same way, go to the same job,…
One of the best things you can do for certain types of businesses is to fire bad customers who won’t allow you to earn a profit. You cannot chase sales simply for the illusion of rising revenue. What matters is how much excess cash your business generates at the end of the year that can…
Everyone thinks life is one upward, smooth trajectory. They think of Cinderella in her big castle and forget that she spent decades scrubbing floors, being beaten, and locked in a cold room. Between “Once upon a time” and “Happily ever after” a lot happens. Not all of it is good. – Joshua Kennon
At 31 years old, Charlie Munger was divorced, broke, and burying his 9 year old son, who had died from cancer. By the time he was 69 years old, he had become one of the richest 400 people in the world, been married to his second wife for 35+ years, had eight wonderful children, countless…