The Vital Distinction That No One Is Talking About
Most assets can be easily liquidated. This means time horizon is in some way stochastic. This should influence portfolio construction.
Read moreMost assets can be easily liquidated. This means time horizon is in some way stochastic. This should influence portfolio construction.
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 moreThere are two ways to approach personla finance: bottom-up and top-down. Bottom-up is better, but a bit of a mix is best.
Read moreRetail investing can never really be solved. But we can translate our principles into strategies and tactics to do well.
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