Substack Library


Jim Comey – Watching the Train Leave the Station

On my best days, I look at others with curiosity. I like to try to imagine their motivations, even if that person does things differently than I would. At the end of day, we each render a judgement, but I try to go there only after imagining what the other person’s shoes feel like. Nothing new in that wisdom, but a struggle to consistently apply.

The Nest, the Soul and the Calculator

If you are new to Things I Didn’t Learn in School, my name is Paul and I am a writer and an investor. If you click here, you can see what these posts and accompanying podcast are about.

Does Profit Snuff Out Innovation

The magic of 007 broke when “M” downed whiskey after whiskey in his office. We know fiction is an invention, yet still feel disappointment when that becomes obvious. Today smoking in the office is verboten and the head of British Intelligence is knocking back Macallan at work?

Boom, Bust and Redemption

A few weeks ago, I wrote about The Art of Not Destroying Wealth. Wealth is unstable, hard to accrue and easy to lose. The latest podcast is a case study in both the art of gaining it, a case study in how to lose it and, perhaps more importantly, a discussion of how to keep perspective as the world’s perception of you gyrates.

Happy Sunday

In response to a subscriber question, today’s post is a paid-only edition I wrote about the challenge investors face with inflation. These paid posts finance Still Press and I encourage you to subscribe. For those of you that already subscribe, a very heartfelt thank you.

Happy Sunday

Today I mailed out a “subscriber-only” letter where I shared my asset allocation. This piece was the final part of a four-part series I called “The Lull.” If you’d like to read it, please become a paid subscriber.

A Diabolical Challenge

Money is both a constant in human life and constantly unstable, like the ocean.  Sometimes money lurches from one market to another, like a stock market crash. Sometimes prices begin to rise, like now. Eggs cost 12% more than a year ago. An egg is an egg, you just pay more for it. If your wealth is fixed and eggs cost more, effectively you are now poorer.

The Cost of Invading

For those new to Things I Didn’t Learn in School, a brief explanation. We air a podcast twice a month and a weekly written note. The two are different, but inter-relate. The weekly note is usually about a macro-economic or investment topic, very broadly defined. The podcasts are micro, individual life stories. Our next episode airs October 27. Each helps illustrate the other. More about what we (and it is a team) are up to, is here. If you are less familiar with investing, The Lull, which includes editions #32, #33 and #36 is a good place to start.

Ray Dalio, Unplugged

It’s hard enough to know ourselves, let alone others. We are contradictions, moods and degrees of disclosure and so are those we try to understand. Observer and observed are in motion. Those familiar to us also remain elusive.

My Bets

“I never had a long-term plan. I plan six months ahead. A series of six months plans is a long-term plan.”