loac

Good Advice.

“To summarize: The Nobel-winning economist won’t invest in the stock market, and the people who actually trade financial instruments put their own money in T-bills, the safest, most boring vehicle in existence. Very reassuring.”

An article about Mr. Grantham, a man who is skeptical of the ‘Efficient Market’ hypothesis.

“I caught public transport only. I got rid of extra lightbulbs. I baked my own bread. I froze my own dumplings. I didn’t buy any gadget. I didn’t buy any CD. I didn’t get a flatscreen TV. No home phone; no home internet; no cable TV; no new art; no gin.”

I want to live a much simpler life, but achieving simpleness can be somewhat complicated.