Optimal Behavior

My personal views only, not those of my employer, government, family, or dog. The title is meant to be ironic.

Knowledge or Patience?

One of the most provocative questions is what causes some people to end up with lots of money, and some with very little.

September 25, 2012

Illustrating the long-term vs short-term

A while ago the great graphics gurus (sorry) at the NYTimes created a very cool graphic showing the annualized returns of the S&P500 over a long time period: This was one of the best graphics I’d seen in a while, but there are a number of things I thought could be improved, or used to illustrate another point. Red doesn’t mean loss. The light red in the picture means a return slightly above inflation.

June 1, 2012