It’s safe to say that when you’re watching the Red Sox in the playoffs in the middle of afternoon, drinking beer, you write poetry, correct?
Well what a coincidence, so do I!
Hence, my inaugural Bankers Anonymous “Finance Poem.” Ahem, thank you. Thank you very much.
Investment Returns
You CAN get from there from here.
If you return 10% per year
Every year
Your penny becomes a million dollars, over time
Inevitably.
That’s just math, and 193 and one half years.
One penny to a billion dollars?
265 and one half years.
We are all in a rush
But our money will take us there.
The dumbest low cost index fund will take you there.
Now, listen up Buck-o
The Global Macro Strategic Mazerati Fund[1] wants to carry you past all those clunkers
Over the rumble strips
Jump the shoulder
Two-wheeling in the breakdown lane
Honking down the hood at the ones stuck in heavy traffic
Held back by catalytic converters
MPH signs
And a lack of imagination.
For 2% management fee and a 20% incentive allocation
The occasional Wells notice
And maybe an inside tip or two but it’s worth it because
Let’s hurry hurry hurry
And get you rich.
You wouldn’t be caught dead driving a Hyundai?[2]
Like Simon & Garfunkel said,
Slow down, you move too fast.
You WILL get there from here.
[1] I drove a Mazerati for a weekend in the Hamptons. So freaking awesome.
[2] I now drive a Hyundai.
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