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Here’s what I’ve been reading this morning:
- Highlighting a few companies like AOL and Yahoo, Tadas uses this latest post to outline how even the strongest companies today might not be around in the future. It’s important to understand that businesses come and go and time goes on.
- In 2010, Warren Buffett told shareholders why they pay such a “steep price” to keep so much money in the bank. Having cash on hand gives him the ability to sleep well at night. In this video, Tom explains why 11 years later that is STILL good advice.
- Most people out there will have SOME kind of debt. There are acceptable amounts of debt, but this article points out how after the pandemic, single people are pointing out red flags with people buried in debt.
- The 2021 NFL Draft got underway last night. I used the draft as an opportunity to draw comparisons between NFL GM’s building their roster and investors building a well-balanced investment portfolio.