Very few of us are sabotaging our finances on purpose.
What you and every other investor cares about is purchasing power, not price
U.S. Franchises directly employed almost 8 million people, represented 10% of non-farm U.S. businesses, and generated $757 billion in output
The two most important secular drivers are demographics and technology.
We’re never interested in what quarterly earnings are going to be.
Continuous partial attention
Police officers were rewarded and promoted for their productivity
If you repeat a lie three times it’s a truth
If your teeth look like knives and your fingers and toes are hooks, then you’re not eating cabbage