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This is weird...

The Wall Street Journal asked some "prominent" people about the best financial advice they ever got. My quote appeared on the list next to Carl Icahn's quote, which is weird enough. but weirder still, my quote involved practical financial advice whereas Icahn's quote was intentionally hilarious. I see it as the first move in what will probably be Icahn's unfriendly takeover of Dilbert.

Damn, he's good.


 
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Dec 30, 2013
you know despite his overall reputation I gotta say Cuban's remark tops my list (sorry, Scott)!

we paid our house off 10 yrs ago & it's a life changer psychologically to not have to worry about payments of any kind (we've paid cash for cars since then too)! it puts you in a much stronger position to "play the long game" in your career and life in general! paradoxically, just knowing you can say: "FRACK THIS!" & walk whenever you want can actually make you a lot more effective & successful.

finally, the next best piece of financial advice I've been given was from a friend/coworker: "the object of your investing should be passive cash flow, not paper valuations. when you have enough passive cash flow to maintain your lifestyle you're done!" this has become my new investing mantra!
 
 
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Dec 29, 2013
Carl Icahn is most famous for enriching himself by saddling companies with crippling debt. I was delighted to see that right after Carl Icahn's humblebrag is a Mark Cuban quote discouraging excess debt: “Pay off your debt first. Freedom from debt is worth more than any amount you can earn.” Btw Scott, if Icahn is successful in a hostile takeover of Dilbert, the remnants of the debt-ridden Dilbert empire will likely be sold to Garfield or Archie.
 
 
+4 Rank Up Rank Down
Dec 28, 2013
“When friends and acquaintances are telling you [that] you are a genius, before you accept their opinion, take a moment to remember what you always thought of their opinions in the past.” — Carl Icahn, activist investor.

“Price yourself high and see what happens.” - Scott Adams

"Never take financial advice from a cartoonist." - Scott Adams
 
 
 
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