I hope you are catching on to this drill. The Business Press Maven, the nation's No. 1 business journalism critic, got steamed under the collar because newspapers, in their dotage, started to cut back on book reviews. Stepping into the void, I now review business books, slapping a "Help" label on ones that will prove useful to investors and a "Hindrance" label on ones that will do the reverse.
Readers and authors are welcome to
. Same goes for you famously lethargic publishing house public relations folks, if you can wake up from that desk nap long enough to type me an email.
Topic A this week is the fine art of the quit, which is perhaps the most undeveloped in business and life. As someone who quit both college (for a time) and later Wall Street, I have been a lifelong practitioner. And I'm a better man for it. But from a larger perspective, becoming a master in the art of the quit is essential to good financial performance. In other words: Making a decision to buy something, or take a job, is not too tricky or complicated. It is easier than you think to find a decent stock, gig or parcel of real estate.
But knowing when to sell, when to take the loss -- in other words, when to quit -- is the heavy lifting. The ability to quit well is what separates successful investors and people from the rest.