“…memories have a way of changing on us. Souring or sweetening over time…you can’t taste a memory without tainting it with who you have become….We always pretend the ideals and culture of the past have aged like wine, but in…
Author: Dave Colley
After a period of self discovery in his early 30s exploring topics from Financial Planning to Meditation, Dave asked himself why he only now discovered some of the key critical ideas that lead to a happier, more purposeful, less stressful life. In short more successful.Why wasn’t this taught earlier? He had given away his time in his 20s cheaply. He is determined help others fast track their way to success through coaching, blogging and courses in the academy.He reads extensively and is coached by the best, this is coupled with life experience and degrees in Financial Economics, as well as being a Chartered Accountant.See what he is doing now - http://smarturl.it/DC-Now
The Mental Models of Charlie Munger – Invert, Always Invert…And more
Perhaps my favourite mental model from Charlie Munger is – Invert, Always Invert. It is tricky to plan for success, there are too many factors and unknowns. Often it’s easier and more definite to avoid failure. Turn the problem upside…
The Vaccine – Drive with your headlights on
My fiancée works on the front line, she rotates through Emergency Units (mostly Covid), Dedicated Covid Wards, and High Care (also dedicated to Covid these days). People are sick. I hear firsthand about young, relatively healthy people who are dying.…
Don’t Dollar Cost Average or Lump Sum Invest – There is an alternative
It is a common question. Should I lump sum invest or dollar cost average? – For most of us, it is moot, as we dollar cost average in line with earning an income. For many, it is likely that at…
Finding disgust – the moment that everything changes
I believe in habits, I believe that it is the consistent small steps along the road that matter, more so than the fork in the road. There is a clear exception. The moment you turn around and go in the…
Are Medical Savings Options an Accepted Scam for the member?
Probably the most “clickbaity” title I’ve ever used. Potentially still very accurate though. It is only based on my anecdotal “research” and primarily on four different plans across two providers. I returned to South Africa two years ago and six…
The Mask of Masculinity – Dropping the Stoic Mask
“It’s okay to not be okay.” Words from a loving housemate chipped away at me, they threatened to pull away my mask of masculinity. The first extension to the South African lockdown had just been announced. We were all distraught…
Relative Pricing – Active Rebalancing across Asset Classes and Factors
I went to buy some fruit the other day. I found myself questioning whether it was expensive, cheap or fairly priced – I came to realise that things are only expensive relative to something else. – Relative to what I…
The Markets are Mad – Time for a Fundamental Strategy change
I have been on a simple path to wealth. But with the markets going mad, I’ve done the biggest revision of my investment philosophy in 10 years (when I decided to get one). I’ve decided on a broadly diversified asset…
Good habits, bad choices – A secret to more happiness
I had a Castle Lite lager this evening. It was spectacular. I had been holding on to the last of my beers, as alcohol sales have been banned in South Africa for over a month. It’s fascinating to think how…