Monthly Archives: September 2015

Bubble in Galilee

…these are days of lasers in the jungle, lasers in the jungle somewhere, staccato signals of constant information, a loose affiliation of millionaires and billionaires and baby… —Paul Simon, The Boy in the Bubble Capitalism sucks. It purports to be … Continue reading

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Financial Planning: the Narrative Fallacy

No event is unique, nothing is enacted but once…; every event has been enacted is enacted, and will be enacted perpetually; the same individuals have appeared, appear, and will appear at every turn of the circle. –Henri-Charles Puech The single … Continue reading

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A Perilous Denial

It is difficult to get a man to understand something, when his salary depends on his not understanding it –Upton Sinclair Charley Merrill closed down the firm in 1928 and recommended that clients sell their stocks. Statesman-like, for sure, but … Continue reading

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The Cheerleaders

We’re all just walking each other home –Rumi Nassim Taleb, author, seminal thinker, and developer of theories that are likely to endure in the field of uncertainty, never reads newspapers or listens to  commentary on current affairs. He holds it is always wrong. I agree … Continue reading

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