Einstein Rebuked

Interesting take on a cliche: I once read that the definition of insanity is doing the same thing over and over and expecting different resu...

Weekly Roundup

Cliff Asness : An hour interview with Cliff Asness.  It would be hard to improve upon Cliff's Big 4 Investment Principles: Cheap stocks ...

Random

The Missing Risk Premium is a quick read, but if you really have no time, here's a 120 page PowerPoint highlighting many of its main a...

My Favorite Quotes

OK, one day into blogging retirement and I'm posting, but some asked in the comments for the quote list I mentioned, which I thought I...

My Last Regular Blog Post

I started writing this blog because I just wanted a place to get things off my chest. To me, heaven isn't flow or sensual pleasure, but ...

Chimps are Status Obsessed

In this TED talk by Colin Camerer, he notes that chimps are human's closest cousins.  They are also status obsessed. In contrast, the c...