Financial Independence Forum

Read and Listen to How Ordinary People are Achieving #FinancialIndependence.

Curator & Podcast Host @_eugeneting

[Andrew Kuhn @FocusedCompound]

Resolutions, Buffett's 5/25 rule for focus/goal-setting, and becoming a better version of yourself

https://t.co/3rKcfDGDc8

[TrekCore.com 🖖 @TrekCore]

The release of this Thursday's #StarTrekPicard Short Trek "Children of Mars" means that #StarTrek has released new content in seven straight decades.

1960s
1970s
1980s
1990s
2000s
2010s
2020s

[Financial Independence Forum @findepforum]

@trevmuchedzi What do you think of $NVEE still? It’s come off a bit from the highs?

[Brent Beshore @BrentBeshore]

Mark Leonard of Constellation took a simple idea, took it seriously, built methodically, and created an empire. And he seems to have done it with humility and kindness.

Side note: It's fun to watch @trengriffin annotate someone's career.
https://t.co/PByNUoW1bz

[Fermat's Library @fermatslibrary]

Circular Prime

193 939
939 391
393 919
939 193
391 939
919 393

are all prime numbers. Regardless of what way you arrange the digits, the resulting number is prime.

[Andrew Kuhn @FocusedCompound]

"The first rule: You succeed by adding value rather than reducing cost. The second: There are no other rules. I would add a third: If you can do both, you have a home run."

- Jim Koch from his book: Quench Your Own Thirst - a must-read!

$SAM

[Financial Independence Forum @findepforum]

@WFKARS For me it’s when I got to Costco and get any produce items.

[Robert Kiyosaki @theRealKiyosaki]

It’s not about the money. Its about creating a business out of your life’s purpose and mission. #richdad

[The Motley Fool @themotleyfool]

Save what you can.
Invest it for the long run.
Sleep 8 hours a night.
Exercise a few times a week.
Be nice to people.

That’s it.

[Robert Kiyosaki @theRealKiyosaki]

The problem with a job is that relying on others to give you a living is the biggest risk of all. #richdad

[Robert Kiyosaki @theRealKiyosaki]

If an opportunity is too complex and I do not understand the investment, I don't do it. #richdad

[To Financial Freedom @tofinancialfree]

"Margin of safety: don't try and drive a 9,800-pound truck over a bridge that says its capacity is 10,000 pounds. But go down the road a little bit and find one that says, capacity: 15,000 pounds." - Warren Buffett
The margin of safety is key to succeed in investing

[Financial Independence Forum @findepforum]

@CoachJoeHart How about reading?

[Four Pillar Freedom @4PillarFreedom]

What investors can control:

-Your asset allocation
-Your behavior
-How much you pay in fees
-How long you remained invested

What investors can't control, yet obsess over:

-Investment returns

[Financial Independence Forum @findepforum]

Stock Picking Is Hard. Deciding What Kind of Investor You Are Is the First Step. https://t.co/V5QbgCGJVc

[Ian Cassel @iancassel]

Measuring the MOAT = If a competitor had unlimited resources how quickly could they duplicate the company’s competitive advantage

[Naval @naval]

You won’t have inner peace until you give up your war against the world.

[Puru Saxena @saxena_puru]

Six months ago; everybody wanted a piece of #SaaS

Now, when they are down 30/40/50% - people are unsure

They are the same businesses and in most cases, their operating results are still strong.

Which other industry is -

mission critical w/ high growth + recurring revenues?

[Financial Independence Forum @findepforum]

@Post_Market @andrew__reed Totes

[Ian Cassel @iancassel]

You evaluate the culture of a business by talking to the bottom of the org chart (employees), not the top (management). Mission/Vision statements aren't worth the paper they are written on if employees don't feel respected and cared for.