Magnitude Matters

The great Cliff Asness recently wrote a piece about the difficulty in explaining a market-neutral portfolio at an intuitive level. The pr...

Here is the low-hanging fruit of public policy. 90% solutions (improvements) on these issues are several orders of magnitude more important ...

Before we can understand why Dracula is so rich, we need to understand why investments make money at all. Why isn't the current price ...

It is about time that I updated my previous work on ranking college football programs. Recalling the methodology from before, I am attemp...

I just filed my tax return, so it seems like a logical time to post on taxes. The current regime (a Democrat-Republican alliance co-opted ...

Nat Eliason asks: How many of these psychology myths do you still believe (or did until reading this post)? There are several I want to be ...

Driving by watching this park develop years ago it surprised me as I noticed this circular pavement being built not knowing what it was goin...