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Category Archives: quotes
warren buffett’s grandfather on having savings for a rainy day
“…the mental satisfaction of having $1000.00 (in 1939) laid away where you can put your hands on it, is worth more than what interest it might bring, especially if you have the investment in something that you could not realize … Continue reading
warren buffett on home ownership
“Home ownership makes sense for most Americans, particularly at today’s lower prices and bargain interest rates. All things considered, the third best investment I ever made was the purchase of my home, though I would have made far more money … Continue reading
celebrating the end of Osama bin Laden’s lifelong crime spree
I found this statement on twitter about the death of Osama bin Laden explains the uneasy feelings I have when I see footage of people celebrating in the streets. And it's important to make sure that we're celebrating the end … Continue reading
bill bryson on consumption
“The whole of the global economy is based on supplying the cravings of two percent of the whole population. If Americans suddenly stopped indulging, or ran out of closet space, the world would fall apart. If you ask me, that’s … Continue reading
the intergenerational wars continue
You Boomers! I swear you are the worst generation ever to walk this earth, self centred, ladder kicking, asset sucking, greed merchants, look at moi, look at moi. all you have ever done is position yourselves in some moral highground, … Continue reading
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german housing affordability
You can still buy a house in Germany for the same price, in real terms, as you could in the 1970s. If I look at the example of my parents – they were in no rush to buy because they … Continue reading
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Tagged house prices, housing affordability, housing bubbles, renting
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damon young on bonsai
I very much enjoyed this blog post by Damon Young, on bonsai and zen. The finest bonsai have many, if not all, of these virtues. Instead of trying to represent every tree in a forest in their intricacy and detail, … Continue reading
on debt
“Debt, no matter how creatively structured, is anathema to peace of mind.” ~ Ryan Freitas’s thoughts on debt – included in his 35 lessons of 35 years. This statement succintly explains why I don’t own, and probably won’t ever own, … Continue reading
