A Summary
Preparing to Invest
Before you think about buying stocks, you ought to have made some basic decisions about the market, about how much you trust the corporate background, about whether you need to invest in stocks and what you expect to get out of them, about whether you are a short-or long-term investor…
Key Points Continued
STAYING INVESTED — THE FINAL LESSON
One of the worst mistakes you can make is to switch into and out of stocks or stock mutual funds, hoping to avoid the upcoming Correction. It’s also a mistake to sit on your cash and wait for the upcoming correction before you invest in stocks. …
Key Points Continued
Young people have the time to invest, but they don’t always have the cash. It’s just not any cash that can safely be put into stocks: it’s cash you can afford to live without for many years while it compounds.
Key Points Continued
Invest for the Long Term
Starting early and being patient is all you need to do to make a good return in the market. A small amount of money invested early is worth more in the long run than a larger amount invested later. People who need to pull their money out over a short…
Key Points from
Of the many things we’re taught in school, investing and saving is not one of them. The principles of finance are simple and easily grasped. One, Savings = Investment, as over the long term it’s not how much money you make. It’s how much of that money you put to…
Please read from Key Lessons from Plato’s Republic — Book I, as this story is part of a broader series on Plato’s Republic.
Socrates has now completed the main argument of The Republic; he has defined justice and shown it to be worthwhile. Now, he banishes poets from the city…
Please read from Key Lessons from Plato’s Republic — Book I, as this story is part of a broader series on Plato’s Republic.
Under the tyranny of erotic love he has permanently become while awake what he used to become occasionally while asleep.
In Book IX, Socrates introduces the tyrannical…
Please read from Key Lessons from Plato’s Republic — Book I, as this story is part of a broader series on Plato’s Republic.
Now that Socrates has finished describing the just city, he begins describing the four unjust constitutions of city and man. The city-man pairs includes Timocracy, and the…
Please read from Key Lessons from Plato’s Republic — Book I, as this story is part of a broader series on Plato’s Republic.
Socrates introduces the most exquisite and renowned metaphor in Western philosophy in Book VII: the allegory of the cave. This metaphor is intended to demonstrate the impact…
Please read from Key Lessons from Plato’s Republic — Book I, as this story is part of a broader series on Plato’s Republic.
Given that only philosophers can have knowledge, they are obviously the most qualified to understand what is right for the city, and are thus in the best…
