Principle 4: Bumpers

Level 1...And That's Okay

Many of our readers and paid members are considered high-net worth and “Bumpers” is one of the concepts that gets referenced the most frequently. That means it might be a good idea to bookmark it and come back to it often. It’s one of those things that is designed to be revisited a few times year.

“Bumpers” is also one of the Guardian Academy core principles. No, we didn't come up with that name, it’s the name of Nic Peterson’s book we extracted the principle from. You can get a free copy here.

Below we’re going to set the framework on how to apply Bumpers to investing, building a business, or whatever you are doing to achieve your personal definition fo wealth. It starts with the first chapter of the book, which Nic gave us permission to paste it word for word:

Bumpers

Chapter one of Bumpers:

“All I want to know is where I’m going to die so that I do not go there.”
-Charlie Munger

Humans are incredible. Both solo endeavors and unified efforts can yield incredible, previously unimaginable…