And whenever we take actions or do things that undermine trust, those would be the things that frustrate me the most at my company and perhaps you at yours, or in relationships. And to think about that story and the story of a couple that's saving 40% of their salary and living happily and comfortably, starting from such a small amount is inspiration to every one of us. And some of them have been winners, and in general, the winners have well outweighed the losers. But I'll say this: What I think is really important, not just in the business world, but in the world at large today, is my favorite capital-T word, and that word is "Trust."
I'm trying to provide you with a pirate's code to help you understand how to do better as an investor.
Each of us has to make the best call we can make, starting with our own health, which I want to double underline. I don't think it's possible to be perfect. There are thousands," Joe writes, "and to also scan the many other items, such as, newspaper clippings, marriage, death, birth notices and the like. My father had just died and as the youngest of seven kids, my brothers and sisters decided I should be the one to hold on to the family photos and small heirlooms. But not too fast, because we have nine Thank you, Blaine, for offering free fitness consulting to all our members.
Much better.But maybe even better than that, Matt Maurer, power in. You can cancel at any time. And so the turn ends either with a goal right then or maybe it goes out of bounds, and then it's the other team's turn," Peter says, "and then after every round of each team getting a chance, if one is ahead, the team wins. A big part of my add-to-your-winners mentality -- and it's right there in our six traits of the We all have different-looking allocations and portfolios. For example, if one of your winners has just won so far above and beyond on its own that it dominates your portfolio, I don't think you should add anything to that particular winner. Chris Hill sent me an email earlier today, hoping to get a brief survey in the hands of our listeners. Antonyms for finance.
Opposite of to remove or rescue from harm or danger. Yep, all four of us. And I'm certainly not suggesting that anybody who did not enjoy the episode is in some ways backward, crazy, or insane. What is the opposite of finance? "I will tell you, I have only shared this with one person: my best friend for the past 40 years, who, like me, grew up in Nebraska and moved here when her father was transferred, so she and I had a very similar upbringing. So here it is, the catchy URL I'm about to flash your way, this will also be in the show notes if you just want to see it and click it, but it's Anyway, you write, "The Chinese government obviously has a very large hand in Chinese businesses. I don't know Joe. This may be a long email, but in the spirit of the topic I will continue the conversation and give you some information about me and my relationship with race, or as you read, my lack of when I was young. You never forget your first, as we say on our spiffy-pop page. I'm not going to put that formally through, but if anybody wants some free fitness consulting via Now, before we proceed forward, let me just make sure I highlight what's happening next week on the podcast. I believe that the best businesses, the best people, and the best countries create trust. And the reason I like to share that and reshare it is because, we can't ever hear enough, I think, of the success that great investors have saving money. I would really like that, a little three-on-three or five-on-five game where you have to pass at least once before kicking it in. You should tend with new money, if you're going to add to existing positions draw a line under all of the ones that are winning, exclude the ones below that unless you have very strong conviction and they have great balance sheets and good forward prospects, tend to do what most of the world doesn't, and add to the things that are working.