Not Too Tight, Not Too Loose
To hear two of its sharpest observers, the media industry is pretty screwed. In a recent conversation, Vox's Ezra Klein and NYU's Jay...
The Curse of Complacency
I've been thinking about complacency a lot lately. We're approaching the 10-year anniversary of the collapse of Lehman Brothers, but with...
How Buffett Became a Midwestern Manjusri
If you spend any time at all in the world of investing, you very quickly realize how many clever people you're competing against. I...
Why a foolish consistency could sink Anthony Martial - and your portfolio
After a brilliant display against Real Madrid, Manchester United forward Anthony Martial was urged by manager Jose Mourinho to produce...
Thinking In Systems
I've been thinking over the past few weeks about two seemingly unrelated phenomena. First, the fact that humanity has been...
Introducing the Grab Bag
Michel de Montaigne is often referred to as an essayist, but that word did not have much meaning before Montaigne. Sarah Bakewell notes,...
Grab Bag (5 Nov 2016)
Finance 1) Some savers and politicians blame central banks for low rates. They're at least partially right. Investors earn returns as...
Visionary or Foolish Wanderer?
One of the interesting things about blogging is trying to understand which posts become popular and why. Some of my favourite posts end...
Little Bets, Big Breakthroughs
I woke up a few weeks ago to an email from Amazon.com. The company was announcing the launch of Amazon Vehicles, a new "car research...
