Postmodern Finance

Imagine an alien race with no concept of money was observing the earth from afar, trying to understand us humans. What might they say about our civilization? I imagine their reports might sound something like this: The humans are unparalleled in their propensity to cooperate in order to achieve their [...]

It's 2016, extreme poverty is on the verge of disappearing from the earth, private companies are planning manned flights to Mars, you're probably reading this on a portable device that's millions of times more powerful than the computers used for the first lunar mission, and there's two ideas I keep [...]

In this series, I have been arguing that differences between investors - such as the differences in their willingness to use leverage, their susceptibility to biases, and their tax statuses - lead to implications that go beyond the cookie-cutter personal finance advice that has become all but omnipresent today. Increasingly, [...]