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… Continue reading Negative Cash

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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… Continue reading Variance and Investing

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How I Make Purchasing Decisions

Despite being a pretty severe minimalist for a long time, I think I’m now known a lot for what I buy. I worry about this a little bit sometimes, because I don’t think being a great consumer is very meaningful. On the other hand, buying the right things is a good substitution for buying a… Continue reading How I Make Purchasing Decisions

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How to Invest in Friendships

In just about any way I can think of, I have an amazing life. But of all of the aspects of my life that bring me happiness, the most important one is the relationships I have with my friends and family. This is probably true for almost everyone, but it’s odd to me how most… Continue reading How to Invest in Friendships

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Going Green for Fun and Profit

When we moved from an apartment to a house recently, I saw it as an opportunity to explore energy efficiency. I knew that switching to more efficient alternatives usually doesn’t pay off for a period of time, so I figured we should start immediately and reap the benefits for as long as possible. I was… Continue reading Going Green for Fun and Profit

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Why I Didn’t Buy a Tesla

My Bentley was delivered back to me recently. It came in a tow truck and the trim was removed from the dash and piled up in the trunk along with half of the trim of some random Mercedes. Half of the windows were stuck down and the dashboard lights looked like a disco when I… Continue reading Why I Didn’t Buy a Tesla

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Ingenuity vs Money

My very first “business” was buying and selling used Palm Pilots and Apple Newtons. I would negotiate back and forth over the smallest increments of money, both on the buying and selling side. When I first started, my inventory was one Apple Newton, so it was important that I get the best price possible. After… Continue reading Ingenuity vs Money

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