There is a fine line between being a “quitter“ and a pragmatic individual navigating life. Quitting has a very negative connotation in our culture. It’s un-American and is associated with weakness and lack of grit. In reality however, quitting is often the best thing you can do and the sooner that you do it the […]

One of the consequences of inflation is increasing wealth disparity. Think about it for a moment. CPI indices only measure a basket of goods and services. But you and I know as investors that inflation helps us out with our investment portfolios as well. Asset inflation is a real thing. If you don’t have the […]

When was the happiest time of your life? I mean like inner-happy type happy? For me, it was definitely as a kid. My childhood was by no means all roses, but the little things in life brought me a ton of joy. I remember riding my bike to friends’ houses and knocking on their doors […]

There is a major distinction between economists and investors. While most economists classify themselves with schools of thought such as Keynesian or Austrian, successful investors cannot afford to do so. I just spent a significant amount of time reviewing the work of Saifedean Ammous, the author of The Bitcoin Standard which has really become the […]

Big changes in the world seem to sneak up on you. One day you reflect on the way things used to be and wonder how the heck we got here. Anyone who has kids knows what I mean. My 13-year-old daughter is tall and beautiful and writes songs. I can remember the day she was […]

What makes a great investor? Genetics? Personality type? Luck? Probably all of the above. But one thing I’ve noticed is that all the best investors in the world are very curious people and they tend to read a lot. Apparently Warren Buffett was reading between 800 and 1000 pages per day in the early days […]