🏰 Pay yourself first
It is Saturday. Do your homework first. Here are a few clear lessons to make you a better investor.
Then close your laptop, breathe, and enjoy your weekend. A calm mind makes smarter decisions, and today is the perfect day to start.
1️⃣ Some things I’ve learned about money
Money is a resource to achieve happiness.
Print these rules out and look at them every week.
2️⃣ Pay yourself first
To become wealthy, always pay yourself first.
3️⃣ One simple investment quote
You can borrow someone’s idea, but you can’t borrow their conviction.
Even in the industry, I see it every week: professional investors skip their homework too.
Deadlines, noise, and pressure, and suddenly the basics are forgotten.
That is why staying disciplined matters.
A few simple checks, done consistently, often beat the “experts.”
“Wall Street is the only place that people ride to in a Rolls-Royce to get advice from those who take the subway.” - Warren Buffett
4️⃣ Stock market movies
Movies are a great way to relax.
Here is a great stock market movie you should watch: ‘The Big Short’.
Why?
The movie shows how markets break when people stop thinking.
It also teaches the value of calm, independent judgment, the core skill every long‑term investor needs.
5️⃣ Example of a Quality Company
It’s a big mistake to think that Ferrari ($RACE) is a car company. In reality, Ferrari is a luxury company.
That’s it for today. Did you like this? Please let us know in the comments!
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Happy Compounding!
Team Young Hamilton