Please see earlier podcast Interview with Lars Kroijer Part I – on the importance of Global Diversification And my earlier book review of Lars Kroijer’s Investing Demystified. In this discussion with author Lars Kroijer we talk about the main assumption of his book Investing Demystified – which I happen to completely endorse – which is that [&hellip

I’m making my way through a list of some of the most popular personal finance books,[1] and next up is The Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth, by T. Harv Eker. Even though Eker offers some important insights, I can’t in good conscience recommend this. First, the good parts Eker [&hellip

My father once said to me “One of the interesting things about getting older is realizing that the clichés, prejudices, and popular wisdoms that we rejected as young, educated, independent thinkers turn out, in the end, to be true.” I love this idea, in part, for its double-contrarianism. The Way to Wealth by Benjamin Franklin [&hellip

When I was a ‘debt buyer,’ acquaintances would occasionally ask ‘Oh, could you buy my debt?’ (and I would think, “uh, that’s not how it works.”) That question told me two things: 1. Most people do not know that all banks and most investors are ‘debt buyers’ one way or another. 2. Most people don’t [&hellip

Why is money today more valuable than money in the future? In this lecture to students at Trinity University (in San Antonio, TX) I review four reasons why in any real-world scenarios I can think of, a reasonable person would give me less than $100 today in order to receive $100 from me one year [&hellip