All intelligent people should think primarily in terms of opportunity cost. When deciding whether to do something compare it with the best opportunity you have.
-Charlie Munger, from here
A view of life and commercial real estate from Newark and Licking County, Ohio
All intelligent people should think primarily in terms of opportunity cost. When deciding whether to do something compare it with the best opportunity you have.
-Charlie Munger, from here
North America may suffer from some of the world’s poorest political leadership. Yet it seems destined to remain the wealthiest, most dominant place on Earth.
-Joel Kotkin, from here
You see that I have set out opposing assertions in response to your question and I have touched on quite strong arguments in support of each position. Therefore consider now which seems the more probable to you.
William of Ockham, Dialogus
..........................there is always a faster gun:
12. Don’t worry about what everyone else is doing. There will always be someone getting richer than you in life and the markets. And with the advent of social media, that means people throwing this fact in your face constantly.
This one is not easy but defining what a rich life means to you can help avoid unnecessary envy and regret.
-Ben Carlson, from this list at this post