What Matters Most
Everything can matter, but everything can’t matter most. In the 1950’s, large US defense projects required a...
Read more-
-
Danger: People that plan for retirement ahead!
It was a cold evening in Washington State. John Hernandez just finished a long day at the office and was off to take...
Read more -
Surgeon Decides Not To Operate on Self
We are all faster and more creative when addressing someone else’s problem than when we’re addressing our...
Read more -
Danger in Perfection
Trey Junkin, center for the New York Giants, fumbled the snap making an easy field goal impossible for the kicker,...
Read more -
Seduced by Homo Fictus
We are addicted to stories. Stories are so fast they can outrun reality. Even in our sleep we tell ourselves stories....
Read more -
Gravel Roads and Beer
Particularly peaceful about my recent trip to South Dakota was the absence of modernity. It felt like I stepped back...
Read more -
Intelligent Error
There are distinctive patterns in the errors people make. The reasons for this are many. Daniel Kahneman in his...
Read more -
Final Financial Physics Video Blog
Walking a highwire without a net is impressive, but not necesarrily smart. Establishing a financial safety net is smart...
Read more -
Financial Physics Video Blog #3
Would you invest in the pay phone today? I hope not. All great investment ideas have a shelf life. Watch video as Rusty...
Read more -
Financial Physics Video Blog #2
The second law of financial physics — Never pay fixed bills with variable money. Watch video as Rusty...
Read more -
Our very first video blog!
I still love the power of the written word but some concepts are hard to explain in 2 paragraphs. Fortunately, video...
Read more -
Shooting a Fly with a Shotgun
Once success happens you can no longer say, “I will continue my life now as it was before.” Tennessee Williams in...
Read more -
The Perpetual Income Stream
As a child, each of us had dreams of who we wanted to be and what we wanted to accomplish. As we mature, we begin to...
Read more -
Money Management In One Lesson
In the classic book, Economics in One Lesson, Henry Hazlitt argues a lucid point. In the absence of strong voices bold...
Read more -
Financial Physics – Part IV
The Safety Net As mentioned in Part III, either we reinvent old ideas (Madonna) or come up with brand new ones. Either...
Read more