The evolution of how we think about money. Where are you on this journey?
1. Out of the Swamp (Humble Dollar, 2/16/2019)
We can measure our financial progress by the size of our net worth. But that’s hardly the only gauge. Equally important, I’d argue, is the evolution in how we think about money—and how we use it to improve our lives. What does this journey look like? I picture it as having five...
The Geometry of Wealth: How to shape a life of money and meaning
Last night I finished reading The Geometry of Wealth and wanted to share a few choice excerpts from this thoughtful book by behavioral finance expert Brian Portnoy.
A description of the book:
How does money figure into a happy life? In The Geometry of Wealth, behavioral finance expert Brian Portnoy delivers an inspired answer, building on the critical distinction between being...
A Matter of Perspective (Sam Ro, Managing Editor of @YahooFinance)
Same chart, two lenses pic.twitter.com/JfoOyRF1VI
— Sam Ro (@bySamRo) October 26, 2018
The Psychology of Sitting in Cash, Part Deux (A Wealth of Common Sense, Ben Carlson, 10/28/2018)
Some considerations for those who are sitting on a big pile of cash or are thinking about raising cash now that we’re in the midst of another correction.
Calendar Years are Arbitrary (The Belle Curve, Blair Duquesnay,...
First-time home buyers having a rough go of it
1.Starter-Home Affordability Hits a Decade Low (Prashant Gopal, Bloomberg, 8/27/2018)
“Starter homes are now more costly to purchase than at any time since 2008, when the last boom came to a crashing halt. In the second quarter, first-time buyers needed almost 23 percent of their income to afford a typical entry-level home, up from 21 percent a year earlier, according to an analysis...
Bob Lefsetz thinks the STEM era is over…
1. And now it is about “Soft Knowledge.” Article first shared by Barry Ritholtz.
“For twenty years we’ve experienced the denigration of the liberal arts. For twenty years we’ve been ruled by tech. For twenty years it’s been about entrepreneurship.
Now it’s about thinking. About concepts. About ideas. Not changing the world with products, but analysis and influence”.
What are you getting into if you invest...
Vacation Mode: The band is back together this week (all four of us are in the same house at the same time!) so I’m taking some vacation days. Here are some interesting, non-financial pieces to enjoy while I’m away.
1. People hearing sounds for the first time reminds us that science can be a wonder
The beauty of science is profoundly real when you see the first expressions of people hearing sounds...
Author: Ed Catmull, President of Pixar Animation & Disney Animation with Amy Wallace
Creativity, Inc. is a book for managers who want to lead their employees to new heights, a manual for anyone who strives for originality, and the first-ever, all-access trip into the nerve center of Pixar Animation—into the meetings, postmortems, and “Braintrust” sessions where some of the most successful films in history are made. It is, at heart,...
What is a Cryptocurrency?
A cryptocurrency is a digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of this security feature. A defining feature of a cryptocurrency, and arguably its most endearing allure, is its organic nature; it is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.
Read more: Cryptocurrency Definition | Investopedia https://www.investopedia.com/terms/c/cryptocurrency.asp#ixzz53upjIFMb
To Bit or Not to Bit_...
Happy New Year to our readers. I hope you all had a joyful holiday. Today’s 3 Things post features inspirational articles and images that caught my eye over the past week. Here’s to a happy, healthy and prosperous 2018 for you and your families.
Bill Gates inspires me with his thirst for knowledge and his focus on philanthropy...
Trying to find a gift for a young reader, or an older reader who loves children’s books?
Check out this article for the illustrations alone. Simply gorgeous.
The 7 Loveliest Children’s Books of 2017 (Brain Pickings) Profound and poetic illustrated celebrations of solitude, self-possession, friendship, and our place in the cosmos.
Trying to find a gift for a science enthusiast?
“…what all great science books accomplish, whether they do so from the...