FINANCE
Does Matter: How little you worry about a single
piece of economic data.
Doesn’t Matter: Your stock picking skills.
Does Matter: Your asset allocation.
Doesn’t Matter: Having a positive outcome every
single time you invest.
Does Matter: Having a rules-based process.
Doesn’t Matter: Predicting the next Black Swan.
Does Matter: Your ability to focus on what’s within
your control.
Doesn’t Matter: The latest tactics from your favorite
financial pundit.
Does Matter: Long-term thinking.
Doesn’t Mvvatter: The interest rate you earn on your
savings account.
Does Matter: Allowing compound interest to do the
heavy lifting for you.
Doesn’t Matter: How much risk everyone else takes.
Does Matter: How much risk you are willing and able
to take.
Doesn’t Matter: Doing something all of the time.
Does Matter: Doing nothing most of the time.
decades.
Doesn’t Matter: Consistently beating “the market.”
Does Matter: Slowly building wealth over time to
achieve your goals.
Doesn’t Matter: How high frequency trading affects
the market.
Does Matter: How little you trade in your accounts.
Doesn’t Matter: That one stock you sold too soon or
didn’t buy early enough.
Does Matter: The opportunity cost of not saving
early.
Doesn’t Matter: The number of stock tickers on your
watch-list.
Does Matter: The number of books you read.
Doesn’t Matter: The latest pundit predictions.
Does Matter: Understanding financial market
history.
Doesn’t Matter: The specific investment strategy you
choose to implement.
Does Matter: Your ability to stick with that strategy
over various cycles.
Doesn’t Matter: The upcoming GDP or unemploy-
ment number.
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