Keep the goal in mind

Sometimes in life, we tend to get wrapped up with an idea that we lose focus on the big picture. Say for instance, taxes from investments, no one wants to pay more than they have to pay, but some people go overboard in trying to avoid paying them.

Warren Buffet talks about this in a quote from Buffet : The Making of an American Capitalist (p. 83), one of the best books about Buffet out there.

“What is one really trying to do in the investment world? Not pay the least taxes, although that may be a factor to be considered in achieving the end. Means and end should not be confused, however, and the end is to come away with the largest after-tax rate of compound.”

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