Published in November 26th, 2008
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Dollar cost averaging index investing is the most frequently one-size-fits all strategy suggested by personal finance bloggers. There are many reasons. It is easy to follow. It promotes discipline. It is supported by Nobel Prize winners(*). And perhaps most [...]
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Published in November 25th, 2008
As far as I am concerned our civilization peaked with the Apollo missions and it has pretty much been downhill ever since. Modern astronomers typically prefer small robotic satellite missions over human space flight. The claim is that robots can do what humans can do only better and more effective. The reason is that robots [...]
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Published in November 24th, 2008
It is basically making it a lot easier. Thanks guys!
This is a response to Frugal Bachelor who noted that pf bloggers have gotten awfully quiet about the market. On the same note, pf bloggers have also gotten awfully quiet about the 100 push up challenge, but I digress (as usual).
For me and other people [...]
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Published in November 21st, 2008
From the brain of Charles Darwin
I have said that in one respect my mind has changed during the last twenty or thirty years. Up to the age of thirty, or beyond it, poetry of many kinds, …, gave me great pleasure, and even as a schoolboy I took intense delight in Shakespeare, especially in [...]
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Published in November 20th, 2008
Here’s a notorious example of dealing with the unseen that other people see.
“You are at a game show. There are three doors. One door hides a car and two doors each hide a goat(*). Presumably you want the car. The game show host as you to pick one door without opening. After opening the door, [...]
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Published in November 19th, 2008
More on what is not readily apparent.
“A man has two siblings. I am not going to reveal their gender, but I will tell you that he has at least one sister. What is the probability that he also has a brother?”
If you intuitively answered 50% (or less) you are not seeing the entire picture. If [...]
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Published in November 15th, 2008
If I may …
It seems that certain people take issue when certain other people decide to opt out of the “popular choice”, here, a lifetime spent working for the sake of accumulating stuff, in other words, a typical career. One of the most common complaints can be traced to the first half of the Marxist [...]
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Published in November 14th, 2008
Like the occasional house fly, the notion that a $6000/year budget means that I must be living in squalor like a broke student or a pop star or whatever comes up sufficiently often to annoy me just a wee bit. Hence I vent; it solves both problems!
Consider this!
If you met me on the street, I [...]
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Published in November 13th, 2008
I just spent money on a “want” for the first time in over six months(*). Obviously I had a bit of a streak going there, so what caused me to break it? A new pair of headphones that’s what. I just bought a pair of Grado SR60 headphones and compared to the free airline headphones [...]
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Published in November 7th, 2008
Game theory is the mathematical description of the structure of strategic decisions when the choices of two agents directly influence the other. Much work has been dedicated towards finding optimal strategies; in fact much military and political strategy is built on mathematical foundations, but it also governs economic decisions.
Consequently some knowledge of game theory can [...]
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