The past couple days I’ve been reading Saifedean Ammous, an Austrian economist and professor at the Lebanese American University. His…
Imaginary Profit and Rebalancing
There is a grievous evil that I have seen under the sun: riches were kept by their owner to his…
Better Bitcoin News
A lot of people became interested in Bitcoin and cryptocurrencies during the recent explosion in price. Lots of money was…
The Amish approach to Bitcoin: End technological progress
In the 1800s everyone looked very Amish. We all plowed our fields with horses, used candles to light the house,…
The Maestro’s Monopoly Money
A few weeks ago I read that interest rates provide a signal for entrepreneurs. Huh, how can that be? Doesn’t…
Drivers are investors, too
One hour ago I was driving home. The road was very dark. Another driver came up right behind me. There…
Risky side of the barbell
Previously I described the mathematics of barbell investing. In practice, the most difficult part is finding volatile assets for the…
Barbell investing
A barbell is very heavy at the extremes, and light in the middle. The center of mass, or average mass, gives…
Inspired or possessed
Did God possess the authors of the Bible? Did they, like robots, write mechanically whatever God decreed? No. That’s pretty…
Nation or empire building?
For we have made lies our refuge, and in falsehood we have taken shelter. – Isaiah 28:15 (ESV) Why do…
