Substack Library
GlossaryThe Wind Comes Out of the Sails
November 14, 2025We understood that life, even the worst parts of it, were a shifting mix of happiness and pain, good luck and bad, and that there was no reason to fear that bad luck was greater than good.
Inflation Ebbing = Assets Up
October 24, 2025“It isn’t what sum you get, it’s how much you can buy with it.”
Cars Are Going the Way of Typewriters
October 3, 2025While journalists breathlessly report on a plane crash or a train derailment, they are silent on a more salient fact: about 1.2 million people will die this year in car crashes. Fortunately for future generations, most of these terrible drivers are going to be replaced by a computer. In fact, in a number of countries (Norway, UAE) that is already happening, and in the US, it will significantly occur in the next decade.