Can We Trust The Napkins? Financial Wisdom In Black And White

Libby Kane
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Wise Words On A White Napkin.

During our usual internet rounds, we stumbled across this awesome collection of financial advice illustrated on napkins. No, it’s not the ravings of your Aunt Kathy after a few too many cocktails—it’s advice and principles from financial planner Carl Richards, from the New York Times Bucks Blog. Don’t balk at the napkins: it worked for J.K. Rowling!

His simple black-and-white graphs and Venn diagrams caution against investing based on past performance, having inflated expectations, and trusting magazine covers. On one point we disagree: trusting “generic financial advice,” (such as that found on a—fantastically riveting—blog) isn’t a mistake. If it were, how could we trust decidedly generic napkins?

We grabbed a few of our favorites, but head over to The New York Times to see the rest.

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  • http://www.behaviorgap.com/certified-financial-planner-ut-utah/ Carl Richards

    Libby-

    Love it! Thanks for sharing the sketches with readers here at LV. As far as the disagreement, there are always exceptions to everything written on a napkin :-) .

    Keep up the great work!

    Carl Richards
    http://www.behaviorgap.com