The smartest investors know that they’re actually not that smart. That is, they recognize the fact that they’re going to be wrong a lot. But in realizing this they also [ … ]
Category: Most Popular Posts
The Scale of Monetary Happiness
Does money really buy you happiness?
A Cheat Sheet for Understanding the Different Schools of Economics
Ever wanted a basic overview of the various schools of economics? Of course you didn’t, but I will give it to you anyhow.
New Primer on SSRN – Understanding Quantitative Easing
New white paper of mine at SSRN on QE. It’s a brief primer that offers a succinct undertanding of QE and debunks some misunderstandings…
Common Myths About the Federal Reserve
Just an FYI here. I added a reference page in the “tools and resources” dropdown along with some other myth busting posts. This one covers some of the more popular myths about the Federal Reserve. If you can think of any I should add please let me know. Thanks.
Books that Change Lives
Business Insider is running a cool feature on “books that changed our lives”. It covers 24 different opinions on different books. I had to laugh at the Macreconomics selection (the [ … ]
Is the Stock Market a Zero Sum Game?
I got this question in the forum over the weekend and I think it’s an important one since I seem to get it quite often. It’s interesting to note that [ … ]
Understanding Moneyness
Moneyness: Refers to how pure a particular type of asset or financial asset is in meeting the definition of “money” as a means of final payment.
The Biggest Myths in Economics
Heidi Moore asked a good question on Twitter yesterday about the most prominent myths in economics. I started to list a few, but I thought it might be worth touching on a handful of the more destructive ones in some detail. A lot of this will be very familiar to regulars, but should provide a nice summary regardless. So here we go: