DJ Shadow, Market Beaters, 20 Rules For A Knight, Angry Dad

We bring you an awesome video by DJ Shadow, a fantastic personal finance article about indexing & market beaters, 20 rules for a knight & an angry dad!

TBB Blog Mission: To Entertain. Educate. Inspire. In That Order!

 

Just a short post about three links that blew me away as we continue to give our teenager guest from Greece the trip of her lifetime! Cedar Point and Chicago coming next!

Thanks to the readers who got the Chase Sapphire Reserve card with my links, you know who you are. I am humbled by your response, The Points Guy is feeling it in the clicks! #notreally

Enjoy the last summer weekend!

My latest music obsession is this new song by DJ Shadow featuring Run The Jewels. And the video is a MUST WATCH, it’s just absolutely brilliant!

 

The video depicts a meeting of leaders that quickly descends into chaos, a scene not unlike what is unfolding in governments around the globe.

Says DJ Shadow: “We wanted to make a positive, life-affirming video that captures politicians at their election-year best. We got this instead.”

Says Run The Jewels’ Killer Mike: “It’s such a dope video. It’s what I really wish Trump and Hillary would just do and get it over with…And even in that fight I think Hillary would win – and that’s not an endorsement.”

Personal Finance Post of the week: One Million Market Beaters  Some great stats in the article:

1. 25% of stocks accounted for all of the markets’ gain.
2. 40% of all stocks suffer a catastrophic loss (70%) and never fully recover.
3. The median stock underperformed the market with an excess lifetime return of -54%
4. Two-thirds of all stocks underperform the market.
5. 40% of all stocks have negative total returns.
6. 18.6% of all stocks dramatically underperform the market.
7. 53% of all technology stocks have had negative returns.
8. Since 1980, over 320 stocks were removed from the S&P 500 due to distress.
9. Every sector had  a negative median excess return versus the market.
10. Only 6.1% of stocks dramatically outperformed the market during their lifetime.

Another gem is this: 20 Rules for a Knight: A Timeless Guide from 1483. Must read. Eclectic TBB at its finest. I guess I could be pummeling you to death and tricking readers every day on how to click on my credit cards but many of us are just not these kind of people!

“Often we imagine that we will work hard until we arrive at some distant goal, and then we will be happy. This is a delusion. Happiness is the result of a life lived with purpose. Happiness is not an objective. It is the movement of life itself, a process, and an activity. It arises from curiosity and discovery. Seek pleasure and you will quickly discover the shortest path to suffering.”

And here they are:

20 Rules for a Knight

1. Solitude

Create time alone with yourself. When seeking the wisdom and clarity of your own mind, silence is a helpful tool. The voice of our spirit is gentle and cannot be heard when it has to compete with others. Just as it is impossible to see your reflection in troubled water, so too is it with the soul. In silence, we can sense eternity sleeping inside us.

2. Humility

Never announce that you are a knight, simply behave as one. You are better than no one, and no one is better than you.

3. Gratitude

The only intelligent response to the ongoing gift of life is gratitude. For all that has been, a knight says, “Thank you.” For all that is to come, a knight says, “Yes!”

4. Pride

Never pretend you are not a knight or attempt to diminish yourself because you deem it will make others more comfortable. We show others the most respect by offering the best of ourselves.

5. Cooperation

Each one of us is walking our own road. We are born at specific times, in specific places, and our challenges are unique. As knights, understanding and respecting our distinctiveness is vital to our ability to harness our collective strength. The use of force may be necessary to protect in an emergency, but only justice, fairness, and cooperation can truly succeed in leading men. We must live and work together as brothers or perish together as fools.

6. Friendship

The quality of your life will, to a large extent, be decided by with whom you elect to spend your time.

7. Forgiveness

Those who cannot easily forgive will not collect many friends. Look for the best in others.

8. Honesty

A dishonest tongue and a dishonest mind waste time, and therefore waste our lives. We are here to grow and the truth is the water, the light, and the soil from which we rise. The armor of falsehood is subtly wrought out of the darkness and hides us not only from others but from our own soul.

9. Courage

Anything that gives light must endure burning.

10. Grace

Grace is the ability to accept change. Be open and supple; the brittle break.

11. Patience

There is no such thing as a once-in-a-lifetime opportunity. A hurried mind is an addled mind; it cannot see clearly or hear precisely; it sees what it wants to see, or hears what it is afraid to hear, and misses much. A knight makes time his ally. There is a moment for action, and with a clear mind that moment is obvious.

12. Justice

There is only one thing for which a knight has no patience: injustice. Every true knight fights for human dignity at all times.

13. Generosity

You were born owning nothing and with nothing you will pass out of this life. Be frugal and you can be generous.

14. Discipline

In the field of battle, as in all things, you will perform as you practice. With practice, you build the road to accomplish your goals. Excellence lives in attention to detail. Give your all, all the time. Don’t save anything for the walk home.The better a knight prepares, the less willing he will be to surrender.

15. Dedication

Ordinary effort, ordinary result. Take steps each day to better follow these rules. Luck is the residue of design. Be steadfast. The anvil outlasts the hammer.

16. Speech

Do not speak ill of others. A knight does not spread news that he does not know to be certain, or condemn things that he does not understand.

17. Faith

Sometimes to understand more, you need to know less.

18. Equality

Every knight holds human equality as an unwavering truth. A knight is never present when men or women are being degraded or compromised in any way, because if a knight were present, those committing the hurtful acts or words would be made to stop.

19. Love

Love is the end goal. It is the music of our lives. There is no obstacle that enough love cannot move.

20. Death

Life is a long series of farewells; only the circumstances should surprise us. A knight concerns himself with gratitude for the life he has been given. He does not fear death, for the work one knight begins, others may finish.

And I leave you with this…

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