Best advice on money
Andrew Tobias today featured a collection of financial advice from people including Jack Bogle, Richard Branson, Warren Buffett, Benjamin Graham, and Robert Shiller. Worth a look.
Here’s the best money advice these 40 people – ranging from mutual fund managers to Dilbert’s creator Scott Adams – ever got. Some of the nuggets underwhelm, but I love this one, about avoiding debt, pretty much disagree with this one (“Don’t Save Too Much”), live by this one (minimize your transaction costs), said “ouch” to this one, and actually made it all the way through to this last one, the brilliance of which I can only barely begin to describe.

