Don’t Think About Personal Finance in Isolation
Personal finance is complex. This means that reductionism is dangerous – don’t think of personal finance components in isolation in time or space.
Read morePersonal finance is complex. This means that reductionism is dangerous – don’t think of personal finance components in isolation in time or space.
Read moreOptimisation is stupid. Trying to build the max-return portfolio, taking on debt, and building the “perfect” personal finance structure are foolish endeavours.
Read moreWhat’s the benefit of investing? Money is time-discounted but happiness is not. So you can invest to get more happiness later.
Read moreRetail investing can never really be solved. But we can translate our principles into strategies and tactics to do well.
Read moreDeduction, as opposed to induction, is the act of arriving at conclusion bottom-up, by applying logic to axioms. Here we introduce the technique.
Read moreIt’s very hard to to get caught up in the hype around bubbles and memes. Ok, fine – you can invest, but you must be careful.
Read moreThinking very long term is very beneficial for a number of reasons. Here we explore those reasons.
Read moreStuff happens outside of your portfolio that can force you to sell. Timeline is stochastic. This is why investors often don’t enjoy the returns of the index.
Read moreLifetime investing is the act of investing over your whole lifetime, in perpetuity. Here we outline that basic idea in more detail.
Read moreHere at Perpetual Prudence we rely on principles to guide our actions. What principles?
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