Muhlenkamp Library
Muhlenkamp Library

(724) 935-5520
Muhlenkamp & Company
5000 Stonewood Drive
Suite 300
Wexford, PA 15090

July 2024

Memorandum #151

July 29th, 2024|Categories: Memorandum|

Jeff and Ron discuss the state of the economy, inflation, the bond and stock markets, and they outline, in broad terms, their current investments. Read their insights and outlook in their Quarterly Letter.  Tony Muhlenkamp writes “Letter to My Daughters: On Financial Freedom” where he offers his fundamental principles that point you in the direction towards financial independence. Link to full PDF: Memorandum #151, April 2024

Letter to My Daughters: On Financial Freedom

July 11th, 2024|Categories: Letters to My Daughters, Saving|

Your Grandpa and your Uncle Jeff have written a LOT about how to work, save, and invest.  So you should read Grandpa’s book[1] and Uncle Jeff’s article because I’m not going to repeat what they have already written.  Instead, I want to talk about some fundamental principles that I think are the core for being free financially.  If you really own these ideas everything else will fall into place. 1.        Be a profit center.  Before you can save a nickel (or a dime, or better yet a quarter) you have to make a dollar.  And at your age, that’s probably [...]

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