Big Hat No Cattle

“Big Hat No Cattle” is a line from “The Millionaire Next Door” which a book that describes how people become wealthy.

 

Millionaire Next Door

 

In my blog post “Investors and Short Term Memory”  I made reference to Carl Richards, a fellow member of The BAM Alliance and author of The Behavior Gap.  Carl’s article from Tuesday’s New York Times Your Money section, “React to the Reality, Not the Image of It”  reminded me of Big Hat No Cattle.

Give Carl’s article a read and think about whether your public image or your personal financial health and longevity are more important to you and yours.

 

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