• September 27, 2019

Quantum Economics

I often say a writer is nothing without readers. I am blessed to have some of the world’s greatest. Your feedback never fails to inspire and enlighten me.

• September 20, 2019

That Time Keynes Had a Point

“Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back.”

―John Maynard Keynes

• September 13, 2019

Black Hole Investing

Scientists say the rules change in a cosmic “black hole” at what astrophysicists call the event horizon. How do they know that? Not by observation, since what happens in there is, by definition, un-seeable. They infer it from the surroundings, which say that the mathematics of the universe as we understand them change at the event horizon.

• September 6, 2019

Dalio’s Analogue and Mauldin’s Commentary

“The best way out is always through.”

—Robert Frost

“History doesn't repeat itself, but it does rhyme.”

―Mark Twain

It will not shock you when I say we live in confusing times. Odd, seemingly inconsistent events and decisions don’t bring the expected results. Once-reliable rules don’t work. This makes it hard to chart a personal and business path forward.