Act rationally in an irrational world.
Wednesday, January 5, 2011
Read this Interview with Jack Bogle....carefully.
The Tale of the Man Who Was Too Lazy to Fail
Robert Heinlein wrote a short story based loosely on his Naval Academy experiences about a man so lazy that he became successful. It is a...
Hysteresis and the Fed
The Fed controls interest rates and often is too late when making corrections, or over-corrects . The stock market is off lately, after bein...
Why Guaranteed Annual Income was, is, and always will be, a very bad idea and never, ever happen.
Bad ideas don't become good ideas because celebrities endorse them! A reader writes (and I am paraphrasing here): Dear Stupid Do-Do Head...