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Month: June 2021

RULES OF THUMB FOR WHEN WORLDS COLLIDE

RULES OF THUMB FOR WHEN WORLDS COLLIDE

It’s likely that anyone who is serious about the art of investing money has at least looked at author Bud Labitan’s fan book, THE FOUR FILTERS INVENTION OF WARREN BUFFETT AND CHARLIE MUNGER, which first hit the bookstores in 2008.

It lays out the thinking processes these acclaimed money-meisters used to frame and make their financial decisions as they built fabulous fortunes for themselves and their clients.

These “filters” are the rules-of-thumb Buffet and Munger developed to help them make good decisions and appropriate moves by allowing them to winnow the grain out from the chaff in the investment options they faced.  (They sure made good bread that way!)

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STALKING THE WILD QUESTION (Another IPS)

STALKING THE WILD QUESTION (Another IPS)

One of the more intriguing bits in Nilofer Merchant’s book about the care and feeding of wild ideas that can dent the world, THE POWER OF ONLYNESS, is the one about taking a closer and more considered look at “the question that you can’t answer but can’t stop thinking about.

That annoying question is like a bedraggled, adorable con-artist mutt that follows you around and accepts occasional handouts from you but warily stays out of reach.  It hangs around.

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