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I Will Teach You To Be Rich
December 29, 2005 · 4 comments
Spend all day deciding which toothpaste to get?
Or…just brush twice a day and floss?
I like colgate
Is this an investment analogy? As John Bogle has shown, most people are best off putting their assets into no-load index funds and focusing instead on building wealth through their work or cutting their expenses.
Chasing excess returns is like believing you have a system to beat the slot machines.
Chris, obsessing over the toothpaste brand is an example of minutiae. Check out the original essay: We Love to Debate Minutiae
The cheapest ADA approved one usually winds up in my cart, unless I can find one with a free soft-bristled tooth brush at a good price.
Label-whoring toothpaste is pitiful. If they sold it in a white box with a blue stripe (a la Repo Man) I’d be all over that.
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