Did you buy bank preference shares when the market was giving them away? Me neither. What an incredible opportunity it was.
2010
Charlie Munger is a genius, and you should read everything he write. Time leftover? Read me! Even more free time? Read these other great posts.
You can control what you earn, save and spend. You can make up for higher taxes or lower returns. But you can do nothing about a trashed planet.
Britain has a new coalition government that looks set to tackle the deficit. But how much will you have to pay for Labour’s previous largesse?