Finance

Calculate the expected value of startup success

Control costs

Focus on the best opportunities

Allocate capital effectively

Focus on true economics

Value investing

Evaluate business quality

Investing for the long haul

Investing with a margin of safety

Buy low, sell high

Investing for long-term value

Ensuring taxpayers benefit from research they fund through access and pricing equity.

Price based on the value you deliver, not the cost of your time or materials

Systematically maintain your target allocation while capturing tax benefits

Enhance index returns with disciplined tilts toward proven risk factors

Invest fixed amounts at regular intervals to buy more shares when prices are low

Spread risk across assets so no single failure can devastate your wealth

Four determinants that establish what any stock is fundamentally worth

Learn the recurring patterns of speculative manias to protect your wealth

Adjust your asset allocation as you age from aggressive to conservative

Build your portfolio around low-cost total market index funds

Two competing theories of value: intrinsic worth versus crowd psychology

Stock prices move unpredictably, so stop trying to outsmart the market

Grow by making credible commitments to a future that funds itself

Systematically find undervalued stocks through quantitative screening and special situations

Evaluate businesses by their true earning power, not by Wall Street's reported numbers

Pay for what a company has earned, not for what it might earn someday

A quantitative checklist to screen for financially sound, fairly priced stocks

Maintain a fixed stock-bond split and rebalance when it drifts beyond thresholds

Invest fixed amounts at regular intervals to remove emotion and timing from the equation

Only invest when the price is significantly below calculated intrinsic value

Match spending to declining capacity: most during go-go years, least during no-go.

Your net worth should peak between 45 and 60, after which you spend down deliberately toward zero.

Give money to children and charity when it has maximum impact, not at random when you die.

Spend all your money before you die so no life energy is wasted earning money you never enjoy.

Choose the only investment company whose interests are structurally aligned with yours

The three-part formula that guarantees wealth: earn, save the surplus, avoid debt

Index funds automatically discard losers and capture unlimited upside winners

Capture every dollar of free employer matching before any other investing

Spend 4% of your portfolio annually for a high probability of never running out

Ruthlessly eliminate debt by interest rate priority to unlock wealth building

Buy one total stock market index fund and let compounding do the rest

Fund your asset column before you pay anyone else.

Master accounting, investing, markets, and law to control your money.

Break free from the cycle of earning, spending, and owing.

Assets put money in your pocket; liabilities take it out.

Set an ambitious personal price to ruthlessly protect your time and outsource everything below it

Systematically manufacture fortune by building a unique character that attracts opportunity

Play iterated long-term games to unlock exponential returns in wealth, relationships, and knowledge

Combine your unique self with scalable products to create wealth nobody else can replicate