One of the biggest misconceptions about the Fed’s monetary policy is that low interest rates immediately cause investors to speculate or take on more debt. It would be silly to argue there hasn’t been any yield-chasing or excess risk-taking in recent years but there is a big difference between interest rate levels and credit (or…
Michael and Ben review the lessons from Superforecasting by Philip Tetlock.
Don’t make it a habit of judging others based on their financial choices.
Come to Wealth/Stack in September!
Different ways to become wealthy that don’t involve money.
On this week’s Animal Spirits with Michael and Ben we discuss: Solar shaming Power laws in the stock market The insane number of stocks that end up losers The stealth king of the passive bubble Why a “rush for the exits” is a poor investment thesis Why are fewer people driving minivans? What would happen…
A history of Fed interest rate cuts since 1960.
What if you received a million dollars from the sale of a business in your early-30s?
Some lessons gleaned from a re-watch of the movie A River Runs Through It.
Whatever happened to Groupon or Zynga or GoPro or Fitbit?
