Most investors know what to do. Few believe they're the person who gets to do it. REAP Principle 27
Every concept in the Steward of Wealth series returns to one discipline: knowing what your capital is doing and making deliberate choices about where it goes next.
Most investors think about how much capital they have. Serious investors think about what job each dollar has. Here is the framework that makes the difference.
The accumulation phase rewards activity. The stewardship phase rewards structure. Using the same approach for both is why the portfolio never gets easier to carry.
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