I hate to get personal on the investing blog, but things have been crazy around our office. My wife just had our first baby a week ago, and we have a business trip to Scottsdale all week. For the blog, I have decided to keep it short and post some quotes from Mark Matson, Founder of Matson Money. They are from his very eye opening book called Main Street Money. We have given this book out to most of our clients.
Mark Matson On Useless Knowledge
“Knowledge really is power, but to be effective, it has to be targeted knowledge. The vast majority of investing information is useless drivel. No, it is even worse than useless; it is dangerous financial pornography. But if you know the right things, you don’t need to know everything.”
Mark Matson On Investment Flexibility
“Choices are the enemy of discipline. The hardest thing for any investor is to stay disciplined and “sit on his hands.””
Mark Matson On Extrapolation
“Try not to give too much weight to recent experience. Remember, nothing in life moves in a perfectly straight line. Up markets will eventually fade and down markets will turn around even if it feel like they never will.”
We can get you a free copy of the book if you are interested.
By Jimmy Hancock
References
Matson, Mark. Main Street Money. Mason, OH: Mcgriff Video Productions, 2013. Print.