We close out 2023 by answering your questions on active vs passive management, market timing, investing for status, what we learned from Charlie Munger, thoughts on a coming recession, worst investment mistakes, recent books that changed us, and more.&nbsp;&nbsp;Sponsors<a href="https://www.madisontrust.com/david?utm_source=money+for+the+rest+of+us&utm_medium=podcasts&utm_campaign=self-directed+ira&utm_id=money+for+the+rest+of+us" rel="noopener noreferrer" target="_blank">Madison Trust Self-Directed IRA - Go Here to Learn More and Get Your $100 Off Promo Code</a><a href="https://joindeleteme.com/david20" rel="noopener noreferrer" target="_blank">Delete Me – Use code David20 to get 20% off</a>Insiders Guide Email NewsletterGet our&nbsp;<a href="https://moneyfortherestofus.com/insiders-guide/" rel="noopener noreferrer" target="_blank">free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter.</a>Show Notes<a href="https://vaclavsmil.com/2022/07/11/how-the-world-really-works-2/" rel="noopener noreferrer" target="_blank">How the World Really Works by Vaclav Smil—Viking</a><a href="https://www.harpercollins.com/products/the-day-the-world-stops-shopping-jb-mackinnon?variant=32269079838754" rel="noopener noreferrer" target="_blank">The Day the World Stops Shopping by J.B. Mackinnon—Harper Collins</a><a href="https://earth4all.life/the-book/" rel="noopener noreferrer" target="_blank">Earth for All: A Survival Guide for Humanity by Sandrine&nbsp;Dixson-Declève, et al—Earth for All</a><a href="https://www.penguinrandomhouse.com/books/292954/barbarian-days-by-william-finnegan/" rel="noopener noreferrer" target="_blank">Barbarian Days: A Surfing Life by William Finnegan—Penguin Random House</a><a href="https://www.fortresspress.com/store/product/9781506469867/Tao-te-Ching" rel="noopener noreferrer" target="_blank">Tao te Ching: Power for the Peaceful by Lao Tzu (Author) and Marc Mullinax (Translator)—Fortress Press</a>See Privacy Policy at <a href="https://art19.com/privacy" rel="noopener noreferrer" target="_blank">https://art19.com/privacy</a> and California Privacy Notice at <a href="https://art19.com/privacy#do-not-sell-my-info" rel="noopener noreferrer" target="_blank">https://art19.com/privacy#do-not-sell-my-info</a>.

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