Quote of the Week

Anyone who cannot cope with mathematics is not fully human.  At best he is a tolerable subhuman who has learned to wear shoes, bathe, and not make messes in the house. —-Robert A. Heinlein from The Notebooks of Lazarus Long

I know, kind of harsh but funny at the same time.  The thing is that you need to have a rudimentary understanding of mathematics–percentages and so on–or at least not be afraid of math in order to make sense of finance.  It would be difficult to do any kind of reasonable asset allocation, portfolio management, or everyday financial decision-making without some degree of mathematical literacy.

 

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