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I've loved games all my life. Mostly I enjoy analyzing the
game design and learning what makes a winning strategy. Profound lessons can be learned from the best of these
games. And the principles you learn can help you succeed for
the rest of your life. Take "The Settlers of Catan" board game designed by Klaus
Teuber. Like all great games, it has simple mechanics, but
because the layout of the board is random, each game is
unique and requires its own strategies. Players start with two settlements, acquire resources, build
more roads and settlements and upgrade their settlements to
cities.
[click here to read more]
David John Marotta quoted in a Wall Street Journal article by Andrea Coombs called "Roth Regrets? Still Time to Change," on Roth Conversions and Recharacterizations.
Much of my financial instincts were developed watching my
parents manage money on a daily basis. Even now, one of the
highest compliments that I can be paid is for someone to
say, "The apple didn't fall far from the tree. " Last week my
father authored specific examples of contrarian investing. This week I'd like to show how contrarian investing is at
work when you regularly rebalance your portfolio. A contrarian is an investor who buys a category when most
others are selling and sells when others are buying.
[click here to read more]
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