Money and Finance
- Links
I'm probably going to wait for some extensive notes--like those from Shane Parrish last year--before reading much on yesterday's Daily Journal Meeting, but if you're interested now, there are some excerpts and articles HERE, HERE, HERE,...
- Links
Nassim Taleb: 193 additional aphorisms and heuristics (LINK) Chuck Akre on WealthTrack (LINK) 'Biggest dinosaur ever' discovered (LINK) How do you like your 'toothfish?' (LINK) ...
- John Mauldin: Will The Real Unemployed Please Raise Your Hands?
This week’s letter will be a very short part of a book I am writing with Bill Dunkelberg (the Chief Economist of the National Federation of Independent Businesses) on the future of employment. It has taken longer to write than I initially anticipated,...
- Nassim Taleb Quote
“A main source of the economic crisis that started in 2007 lies in the iatrogenics of the attempt by Überfragilista Alan Greenspan—certainly the top economic iatrogenist of all time—to iron out the “boom-bust cycle” which caused risks to go...
- My Dividend Stock Watch List For This Week
My dividend stocks watch list this week If I move stock to this list, it means there was a price drop or current price is somewhere in the middle. I do not buy stocks at their highest prices. I might miss some good stocks but I prefer to sit and wait....
Money and Finance
Aphorism
Inspired by Nassim Taleb’s aphorisms in his book The Bed of Procrustes, I came up with one of my own while watching Alan Greenspan on CNBC for a few minutes this morning:
When someone continually says "what the data tells us is..." the data almost certainly is telling something different.
It may be even truer if ‘someone’ is changed to ‘an economist’.
- Links
I'm probably going to wait for some extensive notes--like those from Shane Parrish last year--before reading much on yesterday's Daily Journal Meeting, but if you're interested now, there are some excerpts and articles HERE, HERE, HERE,...
- Links
Nassim Taleb: 193 additional aphorisms and heuristics (LINK) Chuck Akre on WealthTrack (LINK) 'Biggest dinosaur ever' discovered (LINK) How do you like your 'toothfish?' (LINK) ...
- John Mauldin: Will The Real Unemployed Please Raise Your Hands?
This week’s letter will be a very short part of a book I am writing with Bill Dunkelberg (the Chief Economist of the National Federation of Independent Businesses) on the future of employment. It has taken longer to write than I initially anticipated,...
- Nassim Taleb Quote
“A main source of the economic crisis that started in 2007 lies in the iatrogenics of the attempt by Überfragilista Alan Greenspan—certainly the top economic iatrogenist of all time—to iron out the “boom-bust cycle” which caused risks to go...
- My Dividend Stock Watch List For This Week
My dividend stocks watch list this week If I move stock to this list, it means there was a price drop or current price is somewhere in the middle. I do not buy stocks at their highest prices. I might miss some good stocks but I prefer to sit and wait....