Greatest Hits: Volume 37

Greatest Hits

Good morning all – and happy Saturday!

As the saying goes, there are decades when nothing happens – and there are weeks when decades happen.

The last few weeks have been that way for me.

When I turned 40 last year, I set out a few goals for the next decade.

Not a bucket list, but rather some criteria of how I want to spend the final stretch before turning 50 – both professionally and personally.

Well, a couple of days ago I turned 41.  Ten percent of the journey to 50 is now behind me.

In that time frame, I’ve managed to make a fair bit of progress on the goals I’ve set out last year.  So much so that we’ve got a number of big life events coming up over the next 6 months.

Leaving the UK is now pretty much a fait accompli – most likely before the end of this year.  And so is a job change.

More details on both to come in due course – but I am certainly beyond excited for what the future holds.

In the meantime, I hope you have a fantastic weekend.  Kick back, relax, and enjoy the top-notch personal reads below!

From Yours Truly

Eight Lessons From Making One Million Dollars

A Mental Model For The Stock Market

The Truth About Bear Markets

Building Wealth

Keep It Going – Morgan Housel

Ten Reasons Why Houses Beat Equities As An Investment – Monevator

The next article gets the prize for the catchiest headline of the week:

The Higher The Vix, The Higher The Clicks – Ben Carlson

History Is Not On The Side Of The Crypto Grave Dancers – Sovereign Man

Lifestyle Design

We spend the first 20 years of our lives dreaming of what life could be.

We spend the next 20 years attempting to force the world as it is into the world as we wish it to be.

Eventually, we stop banging our heads against the brick wall. Learn acceptance. Outgrow ambition. Trade hope for reality. Lower expectations. Stop swimming against the tide. Make the best of it.

Did we give up or just grow up?

As always, The Indeedably is at the very top of his game:

Everyday – Indeedably

Also, here’s a great (albeit slightly older) piece from Cory Fawcett on how quickly time goes by:

Live Your Life Now – Financial Success MD

Finally, what if we all stopped procrastinating?

What Happens When You Don’t Procrastinate For A Week – Reddit

All Around

The Future Of You – Young Money

Have an awesome start to the weekend everyone!

– Damian


About Banker On Fire

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Banker On FIRE is an M&A (mergers and acquisitions) investment banker. I am passionate about capital markets, behavioural economics, financial independence, and living the best life possible.

Find out more about me and this blog here.

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3 thoughts on “Greatest Hits: Volume 37”

  1. Pingback: Everyday - { in·deed·a·bly }

  2. Thanks for all your content on this site – is a great source to learn from. As a university student considering banking as a career, just wondered what your take is on the hours? Do you have any advice for dealing with particularly high stress and long hour periods?

    Also how important would you say it is to be thoroughly interested in the work – obviously need to have some interest to get through the long hours, but would you say having a fascination around M&A deals and being the kind of person that would happily do DCFs in their spare time is needed for a long term successful banking career?

    1. Banker On FIRE

      Cheers – very glad you’re finding it helpful!

      I think the hours are bearable. Yes, you will have tough stretches, but it rarely feels as bad as it may look from the outside on (or looking back once you’re out of the grind). The excitement of working on deals, doing so with smart people, and making good money along the way certainly makes it easier.

      As far as M&A goes – interesting you say that. Financial modelling is actually a very small component of putting together M&A deals. Yes, the numbers need to work. But you spend much more time on developing a strategic thesis for the deal, making sure the various personalities work together, thinking about tactics, financing, and so forth, than just running a DCF.

      Hope this helps!

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