Money is relative. It would be harder to manage $1,000,000 for someone with $1,000,000 than it would be managing $10,000,000 for someone with $100,000,000. Money is what it means to you. What it is for. A story about context There is a story in… Continue Reading “Always Notice The Context”
When conditions change you must change how you adapt to them.
Planning is merely organized anticipating
Decisions need good information to be useful.
Mistrust intuition. The measuring stick is diffferent now.
Investing well is more challenging than people think.
Today’s problems prove yesterday’s mistakes.
Randomized portfolios seem to do better.
Strange things happen when we assume we understand each other. Almost all paradoxes arise from self-reference or from poor precision in respect to what we mean by a word. For example The Sorites Paradox deals with how you could have a heap of sand… Continue Reading “A New Parlor Game”
I read Seth Godin’s blog almost every day. I don’t learn something every day but I learn something often enough that it is worth my trouble. Monday the 27th was no exception. I did not learn anything I did not previously know but I… Continue Reading “The Media Is The Message”