Edge
Are you a stock picker? May I ask why? What makes you think that you can outsmart full-day traders and the professionals? What is your edge over them? You might no longer have an edge in calculating ratios or analysing…
Here we go again and I was right – again
Don’t waste your time reading all those stock market forecasts! Unless it is for pure entertainment. At the beginning of each year, there are many pundits, experts, self-proclaimed gurus, and other suspicious characters who’d like to sell you stuff predicting…
You’ve got a minute …?
Even if you do, it would be better if you do not (ever) admit to having any “spare time” as our culture still revolves around one’s ability to stay focused for hours or days on end and being busy—all the time. Because, unlike most addictions, workaholism is…
Do you need a financial advisor?
No, not really. Finance is a simple industry made to look and sound complicated to justify fees. Just one example, active managers love to confuse us by using Greek words. Like – alpha – to describe what other industries call…
Being more selfish by practicing Effective Altruism
It’s a basic rule of economics that money is less valuable to you the more you have of it. It’s the end of the year and it’s the season of giving. It’s a fact that giving is the most selfish…
Book Review – Doing Good Better: Effective Altruism and a Radical New Way to Make a Difference by William MacAskill
You’re rich. No, really you are. Whether you’ve paid for a computer or smartphone to browse the TACOMOB website on, or even handed a few coins over at an internet cafe, you’re far richer than many of your fellow human…
Do you still want to drive a car yourself?
Having realized that I have not written anything on the topic of our (us guys) favourite toy—the car—(or has the smartphone already overtaken that position?) I feel quite a drive to change that. Having said that, do you recall that it was only about 10…
Are you ‘kiasu’ enough on being lazy?
There are many merits of being lazy. Come on, don’t be lazy, be a bit kiasu* and read on. Laziness is the road to progress, but only when it is combined with intelligent thought and high ambition. For example, lazy…
The speed you walk at determines your intelligence …
… in other people’s minds. The timescale bias is quite a profound thing with serious implications. Ever noticed that anyone going slower than you is an idiot, but anyone going faster than you is a maniac?—George Carlin That is timescale…
The 3 numbers that can – no – will make a real difference in your life
Number 1: The age you start saving The younger you are the larger your crucial asset. That asset is called time. And I bet you have more of it left than me. I certainly do have more Christmas days behind…