Not an Italian luxury car.
No. Pareto was the Italian economist that came up with the 80/20 rule. He figured out 20% of the richest families held 80% of the wealth (this is probably worse nowadays). More generally stated, the 80/20 rule says that 80% of the results come from 20% of the inputs, you spend 80% of your time doing 20% of your tasks, etc, etc.
I’ve already blogged about Buffet’s annual letters twice: in 2018 I wrote about a few quotes, and in 2019 I wrote about some lessons learned.
Now I have to confess that after some six or seven years of reading them they are getting a bit repetitive, although there is always something new. This year the new thing is some interesting idea Buffett shares from a quasi-obscure book from 1924 I had never heard about before: “Common stocks as Long Term Investments” by Edgar Lawrence Smith.
A CPN, or Credit Privacy Number, is a unique nine-digit identifier used as an alternative to a Social Security Number (SSN) for credit reporting purposes. This number is used by individuals who wish to keep their personal and financial information private, or who have been victims of identity theft or fraud and need to start fresh with a new credit history.
Let’s face it, we live in a culture that glorifies busyness. The business of busyness. It’s as if being busy is a badge of honor that we wear with pride. We fill our schedules to the brim with meetings, appointments, and endless to-do lists. But why? Are we really accomplishing anything or are we just spinning our wheels?
Building a good credit score is crucial for many aspects of your financial life, such as getting approved for loans, credit cards, and even renting an apartment. If your credit score is low, it can be difficult to make these types of purchases or even qualify for a job. But don’t worry, there are several ways to build your credit score. And be sure to read through the end to find how to pay to piggyback from someone else’s good credit.
