Investor Wisdom Shared Across Decades

I’ve known Joe Seta since we were both in our early 30s, working to build our fledgling direct marketing businesses. We were both very busy. We still are. In all those years (40+), we probably spent fewer than two dozen days together. But perhaps because our careers had similar arcs, we stayed in touch over email.

Joe is a regular reader of this blog. He’s also a serious student of health and investing, about which we share many views and opinions. Today’s main essay is one that he sent to me a few weeks ago. I wanted to publish it here because it addresses a common problem that investors face – a problem that can be very costly if you don’t know the facts.