The 2 Rules of Strategy: How to Win by Default

In the ancient Chinese military treatise “The Art of War”, the author Sun Tzu wrote: “Victorious warriors win first and then go to war, while defeated warriors go to war first and then seek to win.” When you learn the basic principles of strategy and internalize them, you drastically increase your chances of success. The…

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The Basic Portfolio: Why I Only Have 3 Funds in My Portfolio

I only have 3 funds in my main publicly-traded portfolio. One fund for stocks, one for bonds, and one for real estate. That’s it. This 3-fund portfolio is called the Basic Portfolio. It’s simple. It’s powerful. And it’s better than almost anything expensive financial planners and robo-advisors will tell you to do. The Goal of…

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My Investments: A List of Actual Investment Holdings

There are drastically more ways to invest money than just stuffing it into publicly-traded stocks and bonds. There’s nothing wrong with stocks and bonds, of course, but there are simply other options that most people tend to forget or ignore. Oil wells, office buildings, mineral royalties, retail buildings, apartments, single-family homes, private debt funds, direct…

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