Gypsy and all,
Most people prefer to keep their finances to themselves.
Yeah, and I think that's really sad. We aren't taught anything about personal finance in school. We don't talk about it at parties, over lunch, or anywhere.
As a result, our society saves and very little and on the whole knows next to nothing about investing. As a result interest rates are consistently higher than they should be, businesses produce fewer jobs than should be created, and far too few families enjoy financial prosperity that offers more options about how we make use of our lives.
Sorry that the comment hit my hot button, but it really strikes me odd that we're willing to talk about the diets we're on, the marital problems we're having, etc., etc., but we're not comfortable discussing our personal finances. It just doesn't make any sense to me.
It's in that context that I'm thrilled that Bill chooses to share his thoughts and feeling with us. I wouldn't run my portfolio exactly the way he runs his, but the guy will probably outperform me year after year. Regardless, even if his portfolio tanks he remains my mentor for all sorts of reasons.
--Mike Buckley |
