Griffin Malone, Chapter 7, Question 6

I learned that financial markets have a lot of moving parts and are very complex. The part that stood out to me the most was Save.Invest.Repeat. This section reminded me that capital is scarce. If you have spare capital you can sell it for profit because it is scarce. Before you make a profit you have gain capital to sell. Spending less then you earn is the key to obtaining capital. You can also spend more cash then you earn and you pay for the rent on capital. The key to a frugal economic life is to save early and save often.