Will Small Luxuries Make You Rich?

Small Luxuries For The Win

Here’s a counterintuitive approach to achieving financial independence.  Indulge small luxuries. What do I mean by that?  It’s simple.  We all have the impulse to splurge sometimes–to buy something nice.  To enjoy luxury. Rather than attempting to suppress that instinct completely, it is far better to indulge the urge on smaller, more affordable items rather than something […]

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The Frugal One

It was the heart of winter in Riga, Latvia.  Dark.  Dark when you got to work, dark when you went home.  On those few occasions when the sun did peak out from cloudy skies, the light at 57 degrees north was wan and slanting. And in walked The Frugal One. The Frugal One had come to work […]

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Where Do You Put Your Sweat Equity?

Not long ago, I wrote about the importance of finding leverage on your path to wealth–leverage through scale, leverage through attention, leverage through investments, even leverage through elite institutions. I want to clarify something about leverage, however.    Consider this.  What if you tried to be Katy Perry, Warren Buffet, Tom Brady, and a real estate tycoon all […]

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Are You Hyper Wealthy, But Highly Empty…..?

Are You Hyper Wealthy, But Highly Empty…..?

I recently wrote about leverage as the key to generating significant wealth.  I stand by every word in that post.  It’s true.  Without some form of leverage–such as huge amounts of attention, participating in large dollar flows, an insanely popular product, working for an unusually successful and competitive institution, or the combination of time and compound […]

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