“There seems to be some perverse human characteristic that likes to make easy things difficult.” – Warren Buffett
This notecard comes from Harold Pollack, a professor at the University of Chicago. It was posted on Twitter (via @m_sendhil) a few weeks ago. I love the idea of being able to distill as much financial knowledge as you can on a single notecard.
I believe that any good investor should be able to describe their investment philosophy in 30 seconds or less, so being able put down your entire financial game plan on one notecard is a reasonable goal.
Here is my all of the common sense financial advice you’ll ever need…on one notecard:
Feel free to share all the financial advice you could fit on a notecard in the comments below if you have anything to add to either of the ones shared here.
A Wealth of Common Sense is a blog that focuses on wealth management, investments, financial markets and investor psychology. I manage portfolios for institutions and individuals at Ritholtz Wealth Management LLC. More about me here. For disclosure information please see here.
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