Articles Tagged investing

Everything That I Know About Investing (I Learned From Wine)

Vinted on September 23, 2014 binned in commentary, wine appreciation

[ Warning: This post has very little to do about wine. But, it might just help to make you a millionaire. Your mileage may vary. ]

Back in March, when I let the cat out of the bag on my personal financial situation, I got a lot of interesting reactions. Most of them were of the attah-boy! variety, but since that time there’s been no shortage of questions coming to me in private about it.

Most of those are some variation on the theme: “how the f*ck did you do that?!??”

I am here today to tell you everything that I know about investing. Interestingly, I learned the most important aspects of it from tasting wine, though I am not trying to fool anyone that one will lead to the other in any meaningful way.

The bottom line is that after spending some countless hours delving deep into the pits of wine and tasting knowledge, I emerged in nearly the same place where I began, which is to approach the topic humbly, simply, and with a plan that lets me tune out the “noise” of scores or similar attempts at taste-making / gate-keeping that purport to tell me what is “right” or “wrong” to drink. When it comes to personal satisfaction, 90% of what we see in terms of wine coverage is more or less “wine porn.”

And after spending the last two years delving deep into the pots of investing and finance knowledge, I’ve come to the conclusion that successful investing requires almost exactly the same approach: ignore the porn.

Ah, simplicity, thy name is investing!

Here’s the skinny on how (in my somewhat learned opinion) 90% of those reading this can find success and wealth through investing…

Read the rest of this stuff »

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