Risking, Fast and Slow
"The simplest analogy to differentiate between fast risk and slow risk is heroin vs. cigarettes. Heroin is fast risk. Cigarettes are slow risk. Heroin tends to kill people quickly (especially in the e...
28 Okt 20215min
The Confusing State of Inflation Inputs
"I am not blasé about inflation risks, and I can see where reasonable people can disagree. But on balance, we must consider the totality of the circumstances." - Barry Ritholtz For more visit: The Big...
26 Okt 202110min
Radically Changing Labor Market
"These days, the labor market is even more unusually dynamic than typical. It is not an exaggeration to suggest it is in the midst of a radical transformation." - Barry Ritholtz For more visit: The Bi...
11 Okt 20214min
Gradually, Then Suddenly
"You probably have not realized we are in a golden age of innovation for investors and financial transactions. All of these little changes over 50 years are hardly noticeable. But your grandfather at ...
4 Okt 20215min
One-Sided Markets
"A one-sided market leads people to engage in increasingly risky behavior (rather than throttling back). This is what I call the earthquake insurance problem: After a big temblor, earthquake insurance...
1 Okt 20216min
Misunderstanding Narratives: The Hero’s Journey
"A snapshot of the economy at any given moment reveals billions of transactions, each with endless decisions behind them. Try as you will, it is all but impossible to find that one crucial decision th...
27 Sep 20215min
What If Things Go Right?
"There are plenty of worst-case scenarios to consider if that is your preferred poison. Evolution has primed your brain to identify possible threats to your survival, hence our focus on the negative. ...
24 Sep 20216min
Abundance & Scarcity: The Enemies of Appreciation
"The good thing is no one has life completely figured out. There are workaholics who have miserable personal lives. There are people with great social lives who hate their job. People who take too muc...
22 Sep 20214min
