Substack Library
GlossaryThree Helpful Frameworks
October 13, 2023To those of you who enjoyed Raising a Thief or Master, Minion, I am excited to announce my next book will be published in 2024 by Harriman House. Like Raising a Thief, this book is a non-fiction memoir, but about money instead of parenting.
Bond People, Stock People & Reality
October 10, 2023“He asked if he had any money; Don Quixote replied that he did not have a copper blanca, because he never had read in the stories of knights errant that any of them ever carried money. To this, the innkeeper replied that he was deceived, for if this was not written in the histories, it was because it had not seemed necessary to the authors to write down something as obvious and necessary as carrying money and … therefore should be taken as true and beyond dispute that all the knights-errant who fill so many books to overflowing carried well-provisioned purses for whatever might befall them…”. Don Quixote, Cervantes, 1605.
Hatch Battening
October 7, 2023Note to readers: know an experienced analyst interested in this type of work? Send me their name.
Real Yields & A Synthetic Pension
October 2, 2023My father, who worked his whole life for the US Federal government as a scientist, had something wonderful—a pension. Since I worked for the private sector, I have savings and, if it’s still there, at some point Social Security, but no pension. The US has a pretty primitive pension system, certainly compared to places like Canada and Australia that force people to think long-term via forced savings.
Health Is Wealth
September 29, 2023News flash…Master, Minion just won an award. I can’t reveal what award until later this year, but I am surprised and delighted. So…if you want an enjoyable read that gets into the psychological dimensions of a financial war, a good read awaits.
Barbarians at the Gate
September 25, 2023“Resolving the Taiwan question and realizing China’s complete reunification is…a natural requirement for realizing the rejuvenation of the Chinese nation.” – China President Xi.
Pattern Recognition
September 22, 2023“We’re entering an age of acceleration. The models underlying society at every level, which are largely based on a linear model of change, are going to have to be redefined.” Ray Kurzweil, Director of Engineering, Google.
A Stock, An Index, and a Twinkie
September 18, 2023“Even if parallel lines do meet and I see it myself, I shall see it and say that they’ve met, but I still won’t accept it.” Ivan, The Brothers Karamazov, Dostoyevsky, 1879.