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.
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Investment Philosophy
Why I’m Against Optimisation
Optimisation is stupid. Trying to build the max-return portfolio, taking on debt, and building the “perfect” personal finance structure are foolish endeavours.
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What’s the Point of Investing?
What’s the benefit of investing? Money is time-discounted but happiness is not. So you can invest to get more happiness later.
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Why We Don’t Know Anything When It Comes to Investing
Retail investing can never really be solved. But we can translate our principles into strategies and tactics to do well.
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A Quick Post on Deduction
Deduction, as opposed to induction, is the act of arriving at conclusion bottom-up, by applying logic to axioms. Here we introduce the technique.
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How to Invest in Memes
It’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.
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PPP 1: Thinking (Very) Long-Term
Thinking very long term is very beneficial for a number of reasons. Here we explore those reasons.
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Shit Happens
Stuff 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.
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What is Lifetime Investing?
Lifetime investing is the act of investing over your whole lifetime, in perpetuity. Here we outline that basic idea in more detail.
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The Principles of Perpetual Prudence
Here at Perpetual Prudence we rely on principles to guide our actions. What principles?
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