Tag: experience

Cost Comparison Shoppers Win


You can choose a ready guide in some celestial voice. If you choose not to decide, you still have made a choice. You can choose from phantom fears and kindness that can kill; I will choose a path that’s clear I will choose freewill.… Continue Reading “Cost Comparison Shoppers Win”

New Year’s Resolutions


“What you’ve done becomes the judge of what you’re going to do especially in other people’s minds. When you’re traveling, you are what you are right there and then. People don’t have your past to hold against you. No yesterdays on the road” From… Continue Reading “New Year’s Resolutions”

When I Grow Up


 “When I grow up I want to be a little boy.”   Joseph Heller,  “Something Happened” We should all work toward that theme.  I can’t speak for the girls, but there may be a similar thought for them. Be curious. Find pleasure in new things.… Continue Reading “When I Grow Up”

What Is “Insurance Poor”?


Anyone can be insurance poor. Maybe everyone is. You could be insurance poor by paying too much premium each month. Or, it could be your future self or estate who is insurance poor because the claim received because of your death or disability is… Continue Reading “What Is “Insurance Poor”?”

Mike Caro’s Law of Loose Wiring


Mike “The Mad Genius” Caro is a professional poker player, theorist, author and casino executive. His “Law of Loose Wiring” serves him well at the table and it is workable for all of us in other places. Its definition is: “When choices are not… Continue Reading “Mike Caro’s Law of Loose Wiring”

What’s The Greedy Algorithm?


Many people instinctively use a greedy algorithm to solve problems, but they should have no expectation that it will generate optimal or even good results. Back in the depths of history, I took a course in operations research. Essentially the process of applying mathematical… Continue Reading “What’s The Greedy Algorithm?”

Learning From Experience


Experience is the best teacher and for the price it damned well better be. Like other expensive things, you should shop around for the same value but at a lower price.  With experience you need to study the experience of others.  Read biographies.  Pay… Continue Reading “Learning From Experience”

Some Important Laws


Life is easier if we understand the limits and operating requirements The Law of Conservation of Problem Financial problems are neither created nor destroyed.  They merely change their form. You cannot receive a large amount of money and remove your financial problems.  The problems… Continue Reading “Some Important Laws”

Some Thoughts On Mistakes


Many years ago, I had a client who lost almost his entire business equity in a deal that went sour. His reaction was, “It’s probably a good thing. If it had worked, I would have done it much bigger next year and that would… Continue Reading “Some Thoughts On Mistakes”

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