What we have been reading - 17th November 2022

Here’s what caught our eye over the last few weeks:

Cumulative vs. Cyclical Knowledge: Morgan Housel explains why finance will never be like medicine.

Revealed: A new formula for lifelong happiness: Arthur C. Brooks sums it up as 'be like Bach, not Darwin.'

The Worst Kind of Financial Advice: This is a very true and one of the most important things to understand about financial advice.

Is Most Personal Finance Advice..."Wrong"?: This is in a similar vein to the previous article and it lays out many of the common worries and concerns that we hear from people.

Proof of Work: This is an excellent article from Nick Maggiulli. The last quote in the Liberty Wealth Investment Philosophy is "sound investing will make you very rich if you are not in too big a hurry". Mr Buffett knows a few things for sure. Never be in a hurry. On that note, this video of Warren Buffett and Charlie Munger at a recent shareholders meeting is worth two minutes of your time.

SBF vs The Match King: SBF certainly wasn't the first and he won't be the last.

Invest like a pigeon: I love this article.

Keep it Stupid Simple: Complexity is never the answer, not in any part of our life.

FINALLY:
When procrastination turns into regret (and how to avoid it): There are some powerful words in this article.

ENJOY!

Georgie and Guy