In 1738, the Swiss mathematician and physicist Daniel Bernoulli proposed a simple thought experiment: “A rich prisoner who possesses two thousand ducats but … More
Category: Published Articles
On Horses, Tractors, and Markets
Growing up on a cattle ranch in central Texas, I developed a certain respect for the tools of the trade. … More
Why You Should Be a Goals-Based Investor
Imagine for a moment that you owe a violent loan shark $10,000 by tomorrow morning. But today you have only … 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
