July 2018

24 Jul

Investing is not an IQ contest

Warren Buffet once said of investing that it “is not a game where the guy with the 160 IQ beats the guy with 130 IQ”. In January 1720, shares in the South Sea Company traded at £128. By June of the same year, they had skyrocketed...

24 Jul

Becoming Rich Vs. Staying Rich

Actor Johnny Depp is one of the latest public figures to join a long list of film stars, sports stars, and lottery winners to have gone broke. Depp became a teen idol in the 1980s after staring at the TV series 21 Jump Street. He...