There is a common phenomenon in the world of personal finance called “lifestyle creep.” It describes our tendency to buy bigger, better, and nicer things as our income rises.
For example, say that you receive a promotion at work and suddenly you have $10,000 more of income each year. Rather than s...(more)
Charlie Munger settled into his seat in front of the crowd at the University of Southern California.
It was 1994 and Munger had spent the last 20 years working alongside Warren Buffett as the two men grew Berkshire Hathaway into a billion-dollar corporation.
Today, Munger was delivering a talk to t...(more)
Beginning with his first novel in 1847, Anthony Trollope wrote at an incredible pace. Over the next 38 years, he published 47 novels, 18 works of non-fiction, 12 short stories, 2 plays, and an assortment of articles and letters.
Trollope achieved his incredible productivity by writing in 15-minute...(more)