Albert Einstein once said that reality is an illusion, but a very persistent one. He could have easily made the same statement about money, only some of which has actual value. In Papua New Guinea, they use pigs for money. Even today, you can pick up a decent-looking younger wife for about five or six […]
“The market seems overheated but it may just be getting started – proceed with cautious optimism,” is the sort of shite you’ll often hear pundits say. These sorts of wishy-washy statements tell you absolutely nothing useful, but since the pundits need to say something, they try to avoid speaking with conviction so you can’t call […]
There’s an old slang term that emerged around World War II, and you still hear it today: “He bought the farm.” It referred to when a service member died. The military would pay out a death beneficiary to the family. The payout would perhaps fulfill the dream of buying a little plot of land somewhere […]
What every employer wants are candidates with particular skills – technical and interpersonal – and the determination to see their company to success. These are the sorts of people employers want to invest in. Now, you can too. With all the world’s information only as far away as a Google search, the ability to connect […]
The term “flight to quality” refers to the tendency of investors to move their money from high-risk assets to low risk-assets in times of turmoil. For example, the herd might exchange high-yield bonds and volatile tech stocks for the stability of gold or the Swiss Franc. The logic behind this transfer of assets is to […]
Sometimes, the most memorable things experienced during university didn’t seem important at the time. Maybe some of you had a statistics class where the teacher demonstrated “the birthday problem.” In a class of 40 students, there’s an 89% chance two people have the same birthday. Doesn’t seem intuitive, but there’s a mathematical explanation for it. […]
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Take your life savings, invest it all in a single momentum stock, then sit back and see how easy it is to go about your normal life. See if you can go one single day without checking the price of your treasured stock. That emotional roller coaster epitomizes what it’s like to be a retail […]
Ever since Tim Ferris made the broader public aware of the “4-Hour Workweek,” people have been dreaming about how they might be able to get rich by working half as much as they do now. That makes about as much sense as it sounds. There are plenty of digital nomads out there who promise they’ll show […]