Book 6: Finding the Way
In Book 6, Confucius gets into some real talk about leadership and personal growth. He looks at his students and basically tells them that where they come from doesn’t matter as much as who they choose to be.
In Book 6, Confucius gets into some real talk about leadership and personal growth. He looks at his students and basically tells them that where they come from doesn’t matter as much as who they choose to be.
One of my favorite things about real estate is that you can tailor it to fit your life. There is no one-size-fits-all.
Book: Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition by John C. Bogle ISBN: 978-0-470-59748-4
This is the chapter where Bogle goes against the crowd. And honestly? It’s one of the most interesting chapters in the whole book precisely because a lot of smart people disagree with him.
In Book 5 of The Analects, Confucius is not just talking about big ideas. He is looking at real people. He is judging their character and explaining why some were great and others were just okay.
Here is the thing nobody wants to think about. The men of Reserve Police Battalion 101 shot thousands of unarmed people, helped deport tens of thousands more to death camps, and then most of them just went home and got on with their lives. No prison. No trial. No consequences. They went back to being cops, tradesmen, and dock workers in Hamburg, like nothing had happened.
Networking is the beating heart of real estate. And it is about building a community.
But most people do it wrong. They show up asking for favors or secrets. They want to know what they can get from others. That is a losing strategy. Networking is actually about what you can give.
Book: Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition by John C. Bogle ISBN: 978-0-470-59748-4
Most investing conversations are about stocks. Growth stocks, value stocks, tech stocks, meme stocks. Bonds are boring. Nobody gets excited about bonds.
In Book 4 of The Analects, we get to the core of everything Confucius taught. He talked about “humaneness.” It is a big word, but it basically means having a heart. It is the quality of being a decent human being.
In real estate, it is simple: No deals means no business.
And here is the big secret: You make money when you buy, not when you sell. Buying a property at a bargain price gives you options. If repairs cost more than you thought, you can still sell it. If the market dips, you have a safety net.
Book: Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition by John C. Bogle ISBN: 978-0-470-59748-4
If you’ve ever seen a Morningstar style box, you know what equity styles are. There’s a 3x3 grid. One axis is size: large-cap, mid-cap, small-cap. The other axis is style: growth, blend, value. Every stock fund gets placed in one of those nine boxes.