Meet Microsoft's New Boss

Microsoft's new CEO has been chosen, and so has Bill Gates' new role with the company.

Feb 4, 2014 at 6:39PM

In this video from Tuesday's edition of Investor Beat, host Chris Hill and Motley Fool analysts Mike Olsen and Morgan Housel dig into the biggest business stories from Tuesday's market facing Foolish investors today.

Microsoft (NASDAQ:MSFT) has now appointed its new CEO, 22-year Microsoft veteran Satya Nadella, who replaces outgoing Steve Ballmer to be only the third CEO in the company's nearly 40-year history. Meanwhile, Bill Gates will exit his position as chairman of the board and move to a new role as technology advisor. In the lead story on today's Investor Beat, the guys discuss what initiatives they're hoping to see from Nadella, and why he may have been too conservative a choice for the company to have gone with.

Is the next thing in tech leaving Bill Gates behind?
There are few things that Bill Gates fears. Cloud computing is one of them. It's a radical shift in technology that has early investors getting filthy rich, and we want you to join them. That's why we are highlighting three companies that could make investors like you rich. You've likely only heard of one of them, so be sure to click here to watch this shocking video presentation!

Chris Hill and Morgan Housel have no position in any stocks mentioned. Michael Olsen, CFA, and The Motley Fool own shares of Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

A Financial Plan on an Index Card

Keeping it simple.

Aug 7, 2015 at 11:26AM

Two years ago, University of Chicago professor Harold Pollack wrote his entire financial plan on an index card.

It blew up. People loved the idea. Financial advice is often intentionally complicated. Obscurity lets advisors charge higher fees. But the most important parts are painfully simple. Here's how Pollack put it:

The card came out of chat I had regarding what I view as the financial industry's basic dilemma: The best investment advice fits on an index card. A commenter asked for the actual index card. Although I was originally speaking in metaphor, I grabbed a pen and one of my daughter's note cards, scribbled this out in maybe three minutes, snapped a picture with my iPhone, and the rest was history.

More advisors and investors caught onto the idea and started writing their own financial plans on a single index card.

I love the exercise, because it makes you think about what's important and forces you to be succinct.

So, here's my index-card financial plan:


Everything else is details. 

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