13 July 2004
Understanding income and what to do with it is a factor that separates the haves from the have-nots. Understanding how net worth grows also separates those who prosper from those who constantly scrape by. This holds for individuals and businesses.
Few topics get as much coverage as money. The investing shelves are full of resources at every library and bookstore. The list of truly useful material is much shorter.
In February of this year, Michael J. Mauboussin left Credit Suisse First Boston and joined Legg Mason. One of his first essays since joining them is available as a pdf file. It is truly outstanding. For more articles you might take a look at the Cap@Columbia web site. Dig a bit and you’ll find some outstanding tools for improving your thought process concerning investments.
Filed under: Investing