Don't buy cheap stocks. Avoid the junk pile.
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When investors are unworried and risk-tolerant, they buy stocks at high price/earnings ratios and private companies at high multiples of EBITDA (cash flow, defined as earnings before interest, taxes, depreciation and amortization), and they pile into bonds despite narrow yield spreads and into re...
We don't have to live with clutter. We also don't have to live with limited personal items. There is a middle ground: put everything in its place.
When your stuff doesn't have a place, it feels juke junk because you approach it like junk, eventually throwing it out like ju...
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