Just because your opinion or view is in the minority, doesn’t mean it’s wrong. In fact, most people have no opinions or views of their own. They simply regurgitate what their respective authorities have indoctrinated into them. They have outsourced the process of thinking to … Continue readingMinority Opinion
The reason that many wealthy people become miserable over time is because their money allows them to access scarce resources at a high frequency. Special occasions become frequent occasions, and what was once novel and exciting, becomes regular and average. What’s worse, what was once … Continue readingHedonic Adaptation
The whole of objective reality can never be fully measured, perceived, or understood by any single person at any specific moment in time. Reality is too vast, too layered, and too dynamic to be grasped all at once. What we experience is always a fraction … Continue readingObjective Reality
Point 1 – Markets are Complex and Therefore Unpredictable Markets are not complicated but instead extremely complex. This is an important distinction and one that should not to be taken lightly or skimmed over. The state of a complicated system is predictable far into the … Continue readingBroad Views on Markets
Staring at screens all day long. Is this what we’ve all been working towards? Is this the height of human civilization and our technological sophistication? From your phone screen to the television screen, to the computer screen at work, to the movie screen on a … Continue readingThe Downside of Technology
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 interacting with reality in order to reach our goals. All people automatically build models of … Continue readingBuilding Models and Developing Strategies for Finance and for Life
It’s only when we put our thoughts into written form that we can begin to have a better understanding of what we’re actually thinking. Thoughts are often fuzzy, scattered, unreliable. Our minds tend to jump from one topic to another without fully analyzing our ideas … Continue readingThe Road to Self Actualization
“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 you as full or empty, as successful or unsuccessful as you were prior to accomplishing … Continue readingSome Thoughts on Money
“Dreams don’t come true, goals do.” – anonymous Many of us want to make changes to ourselves and to our surroundings. The impetus for this change can stem from feelings of inadequacy or perhaps from a motivation to function at an optimal level. Whatever the … Continue readingAccomplishing Your Goals
“Whoever is careless with the truth in small matters cannot be trusted with important matters.” – Albert Einstein Truth is a tricky term to define but it’s important to present a working definition in order to make an argument for its usefulness and importance. … Continue readingThe Importance of Truth