I Fought The Law (And The Law Won)

Rule Breaker Investing

The Motley Fool

Business, Investing, Invest, Rulebreaker, Stocks, Company, Growth, Stockmarket, Fool, Foolish

4.5 • 928 Ratings

🗓️ 1 September 2021

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

We delight in breaking rules. But laws – real laws – the ones that govern the universe and human behavior... well if we fight those, we'll likely lose. But if we know them well and abide by them, we just might find ourselves a little smarter, happier, and richer.

Transcript

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0:00.0	I'm breaking rocks in the hot sun I fought the law and the law won I fought the law and the law won I needed money because I had none I fought the law and the law one I fought the law and the law one the song writer was
0:17.0	sunny Curtis the year was 1958 I wasn't around back then to hear it but then again in this
0:22.1	century rolling stone put it as
0:24.0	number 175 on the 500 greatest songs of all time list the crickets recorded it in
0:30.4	1959 as Sonny Curtis took the place of guitar from Buddy Holly who had tragically been lost to a plane
0:37.1	crash earlier that year. Speaking of laws, yeah the law of gravity, the law of mortality, too.
0:43.4	Laws.
0:45.1	To me, rules govern many aspects of our lives, but are often, as is said,
0:49.3	made to be broken, and breaking rules is what we're all about on this podcast
0:54.1	breaking rules in investing breaking rules in business breaking rules in life
0:59.2	rules are just rules laws Laws are different.
1:03.1	Laws, well, at least how I'm framing things here this week,
1:06.3	run deep.
1:07.5	And the consequences of fighting them are not good.
1:10.6	Many of them are natural, like the natural law of entropy that matter over time
1:15.3	gravitates to its lowest most disorganized state. Other laws are societal choices.
1:22.0	Thou shalt not steal. Well this week I want to bring you a
1:26.2	foolish capital F set of laws that apply to investing business and life. Some are
1:32.4	sublime, some are silly. Each will be
1:35.2	explained and illustrated the aim, what the Motley Fool's aim always is to make you
1:41.1	smarter, happier, and richer one law at a time.
1:47.0	Only on this week's Rule Breaker Investing.
	...

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