So if we pay nothing, we get everything.”-alluding to the devastation from small fees over a long period. Instead of “you get what you pay for,” it’s “we investors as a group get precisely what we don’t pay for.
Today, it is broadly accepted wisdom.īogle is known for showing how this common sense goes against human nature. Reduced to a sentence it might be: buy broadly diversified mutual funds at the lowest possible cost, and then hold on to them. And in this way humor can add to a learning experience.Ĭommon Sense Investing is based on the philosophy of mutual fund investing legend, John C. In humor there is truth-observe Mark Twain, William Shakespeare, and others. The comics touch on the topics of personal finance and investing, but in the end, it’s a comic meant to be fun and prompt a laugh or two-or a broad, knowing smile.
The get-rich-fast characters take a course in common sense investing taught by Will Hope, a commonsensical, get-rich-slowly professor, aided by a cat who shows more common sense while napping than most humans wide awake. A colorful booklet of 104 comics from “Richer Faster Poorer,” a comic strip about human nature when it comes to money-about folks who try to get richer faster and end up poorer.
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