There’s a classic TV commercial from Fram the oil filter company. In it, two seasoned mechanics suggest investing in a more expensive oil filter than a cheaper version, saying that “you’ll pay me now or pay me later” (for an engine rebuild). The commercial couldn’t be more spot-on when it comes to […]
It’s only so often that a ‘shift in the force’ happens in the financial world. Think Nixon taking the U.S. off of the gold standard. Or Bitcoin ushering in the era of cryptocurrency. It allowed people to store and trade wealth cryptographically, beyond the reach of the banking system and largely the government. Last week […]
If there was ever line that seemed to transcend the ages, then William Gibson’s “the future is already here, it’s just not evenly distributed” would be near the top. It was the unshakable feeling I came away with after watching my fourth year of the Exponential Medicine Conference. The conference which is live streamed each […]
Of all of the reasons to save money and build an investment portfolio with a reasonably regular return over the course of your life, depression was one of the last things I would have thought about. That is until I reviewed the book Lost Connections by Johann Hari. That’s just one of the conclusions that came out of this remarkable book. If there is no regularity to progress, it can actually lead to feelings of hopelessness. In retrospect, it makes […]
