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The Highest Forms of Wealth

Wealth is easy to measure but hard to value.

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What We’re Reading

$1 billion…

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Too Smart

“One of the most persistent fallacies is the reflexive association of wealth with wisdom,” Ed Borgato once wrote.

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Money Rules

Barry Ritholtz asked people for their top 10 money rules last week.

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Births/deaths…

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Little Stories

Early in his career Andrew Carnegie took a train to deliver a bundle of payroll checks to his crew.

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California growth…

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Learning…

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Getting the Goalpost to Stop Moving

There aren’t many iron laws of money.

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What We’re Reading

Covid aftermath…

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What We’re Reading

Noise…

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Failure…

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Play Your Own Game

Michael Jordan said he had to reconstruct his body when he went from basketball to baseball back to basketball.

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Homes…

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The Limits of Investing Sanity

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What We’re Reading

Superpowers…

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The Spectrum of Optimism and Pessimism

At one end you have the pure optimist.

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Lifespan…

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Confidence…

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The Big Lessons of the Last Year

History is one damned thing after another.

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Auto inventory…

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Five Investing Powers

Rare and helpful…

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What We’re Reading

Getting rid of SAT requirements…

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