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Negative Cash
Up until about a year ago I was against debt. Most debt I had encountered was opportunities to buy things one couldn’t afford, which didn’t appeal to me, or situations I couldn’t make use of, like borrowing to finance business activities that would return a profit. Recently, though, interest rates have dropped so low that…
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How I Evaluated Risk During Covid
I like to talk about EV and risk management a lot, but most of my examples are finance based, as the math is the clearest in those cases. Covid, however, presented a unique situation for risk management. Because the way I manage risk is unique to my own situation and I don’t want to offer…
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Back in Europe After Covid
As I got off the plane yesterday, I kept saying “wow…” underneath my mask. Going to Europe was more or less part of my monthly routine two years ago, but thenCovid kept me out for a year and a half. Even though I had double-checked the requirements and filled out preclearance forms, I was still…
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My First Time Playing Poker in 5 Years
My friend Todd was visiting Vegas from Japan for the past few weeks. When I asked if there was any Vegas stuff he wanted to do while he was here, I was surprised to hear him say that he wanted to play poker. I hadn’t played in about five years and hadn’t really even thought…
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Home Automation
One of the projects I’ve been tinkering with constantly for the past nine months or so that we’ve lived at our new house is home automation. I’ve been into home automation since about 1996 and have had a fully automated house ever since 2003 or so. Even my RV was so automated that it unlocked…
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Superhuman 4.5 in August
My live event, Superhuman 4.5, will be held in Las Vegas on August 14th and 15th (with an optional meetup the night before). Reflecting on the changes brought about by the pandemic, one of the things I missed most was doing these Superhuman events. They’re a ton of fun and very gratifying for me to…
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Why I Switched Back to WordPress and What I Learned
If you read the blog through the web you may notice that, for the first time in about a decade, it looks different. If you get posts by email you hopefully don’t notice anything, but since it’s a whole new system… who knows. A little over nine years ago, my good friend Todd and I…
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How to Get Maximum Enjoyment From Cruises
It’s no secret that I absolutely love cruising. Every year I organize a few cruises and try to get as many of my friends as possible to join me. The only limit I have on how many days per year I spend at sea is how many days I can convince friends to cruise with…
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Variance and Investing
One of the best things to come from my career as a professional gambler is a deep unconscious understanding of risk, odds, EV, and variance. The downside to this is that I see people make fundamental errors all the time, especially in investing, and it really bothers me. Usually I notice these errors not because…
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You Have More Options When You’re Weird
In many ways my life is very weird. Sometimes when I’m about to make a statement like that I try to think of a relatable example of how I’m not weird in some way, but it’s hard to come up with one. I wear clothes like everyone else… except I only have one set. I…