
Low cost is better than free
When you zoom out, free goods and services may cost us way more than expected.
My personal views only, not those of my employer, government, family, or dog. The title is meant to be ironic.

When you zoom out, free goods and services may cost us way more than expected.

How to create a false stereotype through sample bias.

Sutemi-waza are a class of throws in jujitsu or aikido known as sacrifice throws. They are tricky, but very powerful: they work because of the opponent’s momentum.

There’s a game potential clients and advisors play, and I think everyone loses.

There’s a seduction in behavioral science: 'here’s a bias, go be better by not being biased'.

Sometimes, appearing to be a good advisor works in direct opposition to actually being an effective advisor.

Yesterday I had the honor of opening up the Boulder conference on Consumer Financial Decision Making. Here is my presentation:

“I try pick the managers who will be lucky in the future”

An investor without a faith is doomed.

If money can’t buy what you need, you’re on even footing with the poorest person out there.