DIGGING DEEP INTO THE DETAILS
What is a Model? A good model is a simplified but accurate representation of reality that can help us to better understand reality and to develop effective ways (strategies) of
Read MoreBuilding Models and Developing Strategies for Finance and for Life – Blog Post 0025
“Rather than love, than money, than fame, give me truth.” – Henry David Thoreau Pursuing money for the sake of money is an empty pursuit and is guaranteed to leave
No one ever complains about having too much money. There is an asymmetry there. But why does that asymmetry exist? It is because money represents resources that one has extracted,
Markets are made up of companies which are made up of individuals and their respective choices. For a market system to be truly free, individuals have to be truly free
“Paper money eventually returns to its intrinsic value – zero.” – Voltaire In this blog post I will cover the concepts of financial value and valuation from a unique
Read MorePersonal Finance Series Part 4: Money, Value and Valuation – Blog Post 0016
“Do not buy the hype from Wall Street and the press that stocks always go up. There are long periods when stocks do nothing and other investments are better.” –
Read MorePersonal Finance Series Part 3: Understanding Stocks – Blog Post 0006
“Spend each day trying to be a little wiser than you were when you woke up.” – Charlie Munger Financial Asset Classes In the next several blogposts, I will
Read MorePersonal Finance Series Part 2: Understanding Cash and Demand Deposits – Blog Post 0004
“The budget is not just a collection of numbers, but an expression of our values and aspirations.” – Jacob Lew There is No Financial Magic Bullet Just like health
Read MorePersonal Finance Series Part 1: Assessing Your Financial Health – Blog Post 0002
“The first principle is that you must not fool yourself – and you are the easiest person to fool.” – Richard Feynman I was recently watching an Open Yale
Read MoreThe Continuous Failure of Economics: Don’t Measure What Can’t Be Measured – blog post 0001