How Much Can You Lose Before You’ve Lost Too Much?

I started my career in finance in 2007. For about a year I thought “this is great!” Then 2008 hit … More

Labor Force Growth by Decade – R Code

I just posted an interesting look at the growth of the labor force by decade. Given that I used R … More

Optimizing a portfolio in R – Monte Carlo method

I regularly use monte carlo engines to answer questions. First, they are really flexible in their ability to model non-normal … More

Current Unconventional Monetary Policy & What Comes Next

I have struggled to answer some basic contradictions in our economy. On the one hand, we have printed, spent, and … More

A Professional Investor’s Take on the Naivete of American Compass

As a professional money manager working in public markets, I love watching how we are portrayed in popular culture. Sometimes we … More

“Ok Boomer…” I’m Gonna Keep Homeschooling My Children

As a homeschooling father, I am no stranger to explaining our family’s choice to home educate our children:“Yes, they have … More

Elizabeth Warren and AOC Get Everything Wrong about M&A

Arthur Schopenhauer once quipped that if it were constantly repeated with great solemnity, nothing was too absurd for people to … More

Should Corporations Consider Any “Stakeholders” Other Than Shareholders?

CS Lewis, the famed author of The Chronicles of Narnia, once discussed the distinction between advancing ethics and advancing knowledge of facts. … More

How to Pass the CFA Exam on Your First Try

I passed Levels I, II, and III on my first try, and completed them all within the fastest possible time … More

PerformanceAnalytics — An Indespensible Quant Tool for any Investor

I’m in the thick of our annual portfolio investment due diligence at work. Basically, this involves surveying all the potential … More