This is the first article contributed by Eric. He is a fund manager at Aggregate Asset Management.
Charlie Munger always say “Invert, Always Invert”. He tells the story of the man who wants to know where he will die, so he will never go there.
If you want to remain poor, and remain a wage slave, then do the following:
- Do no pay any attention to your expenses. Spend freely. Buy a Bell & Ross watch, or a Panerai watch or a Birkin handbag. Get an Audi convertible – you can afford the installments, and surely you deserve it.
- Don’t learn about compound interest. Do not pay any attention to mathematics – who needs them? It is just for nerds.
- Do not track your portfolio performance. Who cares? It is too small, and too bothersome. Also, Excel functions are pretty complicated. Donald Trump got rich without too much of a ...
