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If you're not wealthy and aspire to it, I'd suggest not starting with a book from somebody who uses a made-up story to explain luck, giving fundamentally flawed
by groby_b 10y ago
If you're not wealthy and aspire to it, I'd suggest not starting with a book from somebody who uses a made-up story to explain luck, giving fundamentally flawed advice.
Instead, realize that the odds are against you: http://fivethirtyeight.com/features/rich-kids-stay-rich-poor-kids-stay-poor/ http://fivethirtyeight.com/features/rich-kids-stay-rich-poor...
And then work to acquire basic financial literacy. Which requires reading quite a few books. Here's a good starter list: http://www.getrichslowly.org/blog/2007/03/07/building-a-personal-finance-library-25-of-the-best-books-about-money/ http://www.getrichslowly.org/blog/2007/03/07/building-a-pers...
- clock_tower 10y agoYou might also be interested in Byron Tully's _The Old Money Book_. He's from an old-money background himself, and while his investment advice is unsophisticated, his advice on everything else is pretty much on the dot.
- deleted 10y ago[deleted]