I’ve written a couple of posts in the past year about Artificial Intelligence (A.I.). I’ve taken a couple of classes about it too. Last week I met a guy at the gym who sells enterprise A.I. for IBM. We’ve all heard about it in some form, and everyone seems to have a...
As I’ve been telling people for the past 30 years in the Does it Pencil courses, each of us should have an aspiration to “retire” one day. And if we can retire rich, all the better. Sounds simple and is simple, but not very many people get there. How come? Just like...
One of the most important things each of us ever learns in this life is how to navigate loss. The loss of a beloved, the loss of our hopes, the loss of our innocence. No one really prepares us for how to deal with loss, it’s usually an on-the-job training moment, so...
IRR can make you rich, it can make you happy, and it might even save you from yourself. Why? Because IRR is a tool, maybe the one and only tool, that helps you make better decisions about your money and your life, and who doesn’t want more of that? IRR is awesome. I...
JOHN GALT lives without guilt. JOHN GALT doesn’t demand happiness, he pursues it. JOHN GALT learns by applying reason to objective reality. JOHN GALT does not expect others to live for him. JOHN GALT does not believe in chance. JOHN GALT uses what he earns to live...
Sometimes we lose ourselves and sometimes we lose our way, even if for just an unfortunate moment. It happens to all of us at various times in various ways. We pick the wrong people, we make a bad decision, we say a stupid thing. It’s in these moments of bad decision...
People invest in stocks, bonds, and real estate for only one reason: to have more in the future than they do now. Seems simple, but it’s not, that’s why I wrote Does it Pencil over 30 years ago. Today I’m going to share a simple piece of advice everyone should know...
“Things that matter and things that don’t”. It’s the one question we as humans are sorting through constantly. It’s a daily question. It’s an hourly question. It’s a moment-by-moment question. Money, love, power, sex, contribution, tribe, connection, contribution,...
It seems like it was just yesterday that we were all dressed up like robbers, avoiding each other, and hording toilet paper. But as we settle into a post-covid world, the economics matter more than the politics and the money more than the medicine. Curious about real...
Walk down any street from New York to New Orleans to Newcastle and ask any random passer by this simple question: do you want to live a life that’s “aligned”? Assuming they think you’re some kind of a creep, they’ll probably respond with a simple, “yes”. That’s where...
