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Everyone has a plan, until… Feb 28, 2020

Sucker punch

There’s an oft-cited Mike Tyson quote that says this:

‘Everyone has a plan until they get punched in the mouth’.

Or, at least, words to that effect.

And how true this is.

In business and in life, it very often pays to think calmly and rationally, so in turn if often...

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This is why your philosophy sets the sail Feb 25, 2020

The 4Fs: philosophy

Today, the fourth and final ‘F’ in our 4Fs framework…philosophy!

Remember, our framework is about finding a healthy balance between these four different areas of your life:

I once heard the great Jim Rohn say that your personal philosophy effectively sets...

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The 4Fs: this is why finances matter Feb 21, 2020

The 4Fs: finance

Today, a short look at the next part of out 4Fs model: finances.

As noted in previous posts, finance is important, because it helps to fund your lifestyle.

But we like to think of the 4Fs framework as a virtuous circle, with each of the component parts supporting the others.

The...

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Our 4Fs framework: This is why fitness matters Feb 13, 2020

F for Fitness

We previously looked at the first part of our 4Fs framework here, where we discussed what you enjoying doing for fun.

Today, we’ll look briefly at fitness.

Regular maintenance

Buffett once said that if you had to buy a car which would need to last you for life,...

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Our 4Fs framework: this is why you should start with FUN Feb 11, 2020

The F of the 4 Fs

Charlie Munger, Warren Buffett’s sidekick, often talks about models.

Mental models to be exact.

What he says is that it’s important to look at things and develop a model, as a way of guiding you in your decision making.

What are the 4 Fs? 

As with our 8...

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This is how to compound your wealth with the Lindy Principle Jan 18, 2020

Long-term survival

Guinness has been brewed since 1759, and it’s such a powerful brand I wouldn’t mind a bet that it’ll still be enjoyed by glowing customers for another 260 years to come.

These days to the benefit of the Diageo group, the price of a pint of Guinness...

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This why your risk tolerance isn’t what you think Jan 16, 2020

The first question a financial advisor often asks is: ‘What is your risk level?’.

The first problem is that most of us have no idea!

Most folks end up saying: ‘Um, about average, like everyone else?’.

The second challenge is that your risk tolerance will tend to...

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This is why you must your feed brain well Jan 16, 2020

If you begin your day reading about all the bad news in the world, then realistically you probably won’t have a great day.

And if you then dive headlong into checking your emails to respond to the demands of others, your day will also start on the back foot and probably go even worse.

A...

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