[LINK] Mr. Money Mustache on Back of the Napkin Calculations and Financial Planning

post by Petruchio · 2013-06-24T17:14:22.647Z · score: -2 (7 votes) · LW · GW · Legacy · 1 comments

A new Mr. Money Mustache article for those who enjoyed my sequence on financial planning and extreme early retirement.

When the Back of the Napkin can be Worth Millions

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comment by Viliam_Bur · 2013-06-25T08:49:07.129Z · score: 2 (2 votes) · LW · GW

Open Thread, dear Sir!

The articles reminds me of "Debiasing as Non-Self-Destruction", applied specifically to money. You can get more rich not just by making one great good investment, but also by avoiding thousand small bad ones.