Money and Finance
- Links
The Importance of First Principle Thinking (LINK) [There is also a little bit on this in the book on Elon Musk. From that part of the book, I took a mental note on first principles to ask the questions: What are the physics (or the fundamental definition...
- East Coast Asset Management's Q3 2014 Investment Letter: Grove Of Titans
Link to: Grove of Titans In our third quarter letter you will find our portfolio update and general market observations. Each quarter we highlight one component of our investment process. This quarter, in the section titled Grove of Titans,...
- Mark Hanson: Housing “bubble 2.0″; Same As “bubble 1.0″, Only Different Actors
In this short note, I outline where my research is going at the first of the year supporting ideas about why a “strong economy” is negative for this housing market; houses are far “more expensive” today then from...
- Recent: A Bunch Of Consumer Staples
I have some unexpected cost this month. I have to stretch $1,000 across August. August 3, 2015 Loyal3 automatic buys Starbucks $10.00 Kraft Heinz $17.00 Disney $10.00 Pepsi...
- November Dividend
Hello Reader(s), Time to report my November Dividend since everybody else is doing it. DE 10.20T 13.34AAPL 1.41ARCP 12.58KMI 9.24TIS 5.25LTC 3.57CORR 15.21Total:...
Money and Finance
East Coast Asset Management's Q1 2015 Investment Letter - Mr. Market Revisited
Link to: Mr. Market Revisited
Thinking backward is quite intuitive. Backward thinking involves looking for patterns, making links between unconnected events and forming theories to influence forward-looking decision-making. Backward thinking has a gravitational pull toward the experiential emotion in our past as well as giving more proportion to recent events.
In my opinion, the biggest error in looking backward is not going back far enough to solve to laws and principles that are invariable, or unchanging through time. The three largest data sets, which I have previously written and credited Peter Kaufman for first enlightening me about, are:
1. The inorganic systems around us, which are 13.7 billion years in age and contain all the laws of physics and mathematics,
2. Organic systems, or all the biology on earth, which are 3.5 billion years in age and,
3. 20,000 years of recorded human history.
We can use these invariable laws and principles for intelligent decision-making.
- Links
The Importance of First Principle Thinking (LINK) [There is also a little bit on this in the book on Elon Musk. From that part of the book, I took a mental note on first principles to ask the questions: What are the physics (or the fundamental definition...
- East Coast Asset Management's Q3 2014 Investment Letter: Grove Of Titans
Link to: Grove of Titans In our third quarter letter you will find our portfolio update and general market observations. Each quarter we highlight one component of our investment process. This quarter, in the section titled Grove of Titans,...
- Mark Hanson: Housing “bubble 2.0″; Same As “bubble 1.0″, Only Different Actors
In this short note, I outline where my research is going at the first of the year supporting ideas about why a “strong economy” is negative for this housing market; houses are far “more expensive” today then from...
- Recent: A Bunch Of Consumer Staples
I have some unexpected cost this month. I have to stretch $1,000 across August. August 3, 2015 Loyal3 automatic buys Starbucks $10.00 Kraft Heinz $17.00 Disney $10.00 Pepsi...
- November Dividend
Hello Reader(s), Time to report my November Dividend since everybody else is doing it. DE 10.20T 13.34AAPL 1.41ARCP 12.58KMI 9.24TIS 5.25LTC 3.57CORR 15.21Total:...