Magnitude Matters

It is important to understand the game you’re actually playing in all endeavors. In stock picking among other areas of active investment man...

Imagine you are trying to change someone's mind. How would you go about it? What techniques would be effective?  Imagine now you are try...

Imagine being an architect for a couple wanting to build a dream house. Their sentiment and emotions would influence what they asked for, bu...

This is just a rambling thought experiment. Feel free to ignore as it probably has vast shortcomings I have not considered in the admittedly...

https://en.wikipedia.org/wiki/Bayeux_Tapestry Of the many, many lessons to be learned from the COVID-19 Pandemic, one that stands out to me ...

... believe in you. Progressives are not hesitant to believe that McDonald's, for example, induces consumers to eat at McDonald's. T...

The more local something is the more essentially socialistic it becomes. I think the best way to describe this is that size/complexity has a...

Years ago I'm sitting in a San Francisco coffee shop with my wife enjoying breakfast. Without trying to or really wanting to we can easi...

Ever since being introduced to this concept, I’ve been intrigued by it and see examples of it more and more throughout life, business, and p...

We know active investing almost always doesn't work in practice .  The vast majority of professional money managers underperform their r...

Tyler Cowen pointed to this “ debate ”, which I was a bit disappointed in for being too much an untethered discussion. Tyler’s portion I fou...

Besides not going together as in: do not schedule your wedding in conflict with an OU football game and expect me to attend (the wedding). ...

And we're paving our way there with good intentions of course. Incentives matter. A key hallmark of higher-level thinking is understan...

(I love the mirror image below the bars hinting at the symmetrical negative to any observable outcome.) Consider the analogy of graphic ...

Alternatively titled, "I Wish I Were BIG". An idea that has been percolating for a couple years now is a replacement of the curr...

Well, we can all breathe a sigh of relief. The momentum won't end. At least that is the story now that Oklahoma City Mayor Mick Cornett ...