Chapter 3: On the Job: Cellular Specialties. Liver cells look almost nothing like nerve cells. Muscle cells bear little physical resemblance to white blood cells. Yet every cell (with just a few exceptions) is encased in a membrane, contains a nucleus full of genes, and has ribosomes, mitochondria, ER, and Golgi.
Altruist follows the Prudent Investor Rule. The Prudent Investor Rule is a legal doctrine which provides guidance to investment managers regarding the standards for managing an investment portfolio in a legally satisfactory manner. Basically, prudent investing amounts to a process which one follows.
Historically known as the prudent or reasonable man rule, this standard does not mandate an individual to possess exceptional or uncanny investment skill. It requires only that a fiduciary exercise discretion and average intelligence in making investments that would be generally acceptable as sound.