Investing in America
Why limit your stock investments to the United States? At the risk of being incredibly biased toward investing in America, let’s talk about our economic advantages over every other economy in the world. In The Accidental Superpower, Peter Zeihan makes some important...
Monte Carlo analysis
Monte Carlo Analysis Betting with Monopoly Money You do the client a disservice if you show them a line chart of steady growth, or even some so-called “Monte Carlo Analysis” exercise with 1000 predictions—called the probability of success–because those approaches do...
No one gets the market return
No one gets the market return No one gets the market return, or ever will. There’s a fascinating passage in “Skin in the Game” by Nassim Talib where he notes that “no one can get a market rate of return unless he has infinite pockets and no uncle points.” They can’t...
Recent Comments