Doug Pike: Breaking Investment Rules
on Wednesday, August 7, 2013Doug Pike Money Quotation asking Is it possible using an investment rules mistake jar as market strategy could keep a frugal investor afloat in stormy financial seas?. Doug Pike said in Splattered on the Road to Wealth
“Every time I break one of my investment rules, I put $10 in the mistake jar. As of today, it’s worth more than my portfolio” — Doug Pike
The humor comes from the irony of the situation. While the character intends the “mistake jar” as a penalty for breaking investment rules, the joke is that the money in the jar has grown to be worth more than their actual investment portfolio.
Even though they were trying to follow rules and invest wisely, their mistakes have paradoxically resulted in more financial success than their intended investments.
This taps into the relatable experience of not always making the best decisions even when trying to be prudent.