This section is all about wealth generation techniques and investing.
The first thing to learn about building enduring wealth it’s this:
Don’t be like Scrat.
Who?
You know, Scrat; that demented little ratty squirrelly thing from the Ice Age movies?
Come on, don’t pretend like you don’t know what I’m talking about.
Scrat exists for one reason and one reason only, to gather more nuts than he can ever possibly eat in his entire lifetime. He pursues this calling with a tenacity that makes Wile E Coyote look like a hobbiest who only chases road runners on the weekend.
Scrat is so utterly obsessed and consumed with getting just one more little acorn he will risk everything, including his own life, to get it. As a consequence he destroys everything, the very ground he stands on – even entire continents – just so he can add one more measly nut to his stash.
The problem is, this sort of blind greed and obsession will always lead to ruin. more »
