Hey everyone, welcome back. We made it to a third episode. I didn't think we would really get this far, but I've been having a good time doing this. This has been a lot of fun. So thank you you for listening I hope to do some more of these

I still don't know how long it's gonna last but this has been a lot of fun

what I want to talk about today is what I call the rules of the money game.

And I'll tell you kind of where I got this idea.

Jason Zweig, who is someone I have really looked up to and admired for my entire career.

He's a columnist at the Wall Street Journal and who I think is kind of the

greatest financial journalists of our time. He's really just an absolutely wonderful person,

a very smart person. He wrote this thing several years ago that his job as a

financial columnist is to write the same thing 50 times per year without anyone realizing that he is repeating himself.

And the reason, as he explained was because there's only like 10 things worth talking

about in investing. You know, compound interest, diversification, there's not that

many topics to cover, but the topics are very, very important and they're also very complex.

There's a lot of nuance in those. So if you can explain

the same topics 50 different ways, number one you're not pandering to people by

just making up something to talk about this week. And number two, I think you're actually getting like really close to the truth of what matters and what needs to be reiterated and driven home.

There's an author named John Reed who wrote this book called Succeeding.

And in the book he has this quote that I think is so, so good.

He writes a quote, when you first study a field, it seems like you have to memorize

a zillion different things. You don't. What you need

to identify are the three to five core principles that govern a field. The million things you thought you had to memorize are just various

combinations of those core principles. That I think is so important in so many fields, health, relationships, your career, anything, but it's so true in money too.

And I've really noticed that in my 15 years as a financial writer, similar to Jason, I've probably covered like 10 or 20 topics.

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