Investing Is Over-rated
Investing is hard – most people know about the basic reasons for this. But they don’t know about the second-level problems that we discuss here.
Read moreInvesting is hard – most people know about the basic reasons for this. But they don’t know about the second-level problems that we discuss here.
Read moreI always see people posting something along the lines of “the market has gone up in a 20-year period 90% of the time”. This drives me insane.
Read moreHere we look at the most popular inflation hedges and their correlation with the general level of prices. We see that none of them work as inflation hedge.
Read moreStatistics is hard. It’s hard to tell what generating function we are dealing with. And this function can change. We must use what we know via deduction.
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 moreKeynes argued against Hume’s perspective on induction. But they were actually talking about slightly different things.
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