Category: Defining Wealth

The myopia of compound interest

Compound interest is magical! But there’s a myopia that surrounds it, too. The magic of compound interest is something many financial gurus like to talk about. The Barefoot Investor is one of them. Below...

Invest in friendship

“Every so often you meet someone from your tribe. And the trick is, when you do, to know that person all your life.” This scene, staring Carrie Fisher as a guest star ​in Ellen (the sitcom,...

Buy experiences, not things??

“To be happy, buy experiences, not things.”  It’s a simple slogan. And it certainly seems compelling. I’ve seen it repeated many times in recent years, and I’ve been guilty of saying it as well....

Warren Buffett’s most important lesson

Warren Buffett is an interesting cat. He has long been one of the richest men in the world, and people love to quote him about investing. I’ve done it myself. I think there’s a lot...

The median is not the message

One of my best friends was recently diagnosed with lung cancer. Among other things (including reevaluating my own life and my values and priorities), this prompted me to re-visit an article by Stephen Jay...