More Food for Thought

Thought these two posts were linkworthy...

Bill Cara shares his Rules for Successful Trading. Read here. My favorite rule? Rule #9: Take risks, not chances.

My wife and I were talking about the difference between Donald Trump and Warren Buffett last night. And it was just funny that I then find this post by the Daily Dose of Optimism on Trump's Rise to Wealth. Read here.

Just what were my wife and I discussing in regard to Trump and Buffett? Well, we were just making the case that Trump has a tougher row to hoe in staying rich because his wealth depends upon his lavish lifestyle. He has to project an image of a rich billionaire in order to keep his billionaire status. Buffett known for his value-conscious investments and lifestyle has a wider margin in his billionaire status. In other words, he can be cheap and still retain his status.

Gotta go...time to make cookies for Santa and Rudolph.

MT