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

Published
Categorized as Uncategorized Tagged

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

Published
Categorized as Uncategorized Tagged

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

Published
Categorized as Uncategorized Tagged

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

Published
Categorized as Uncategorized Tagged

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

Published
Categorized as Uncategorized Tagged

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

Published
Categorized as Uncategorized Tagged

What It’s Like Living in a Bad Neighborhood

I live in two “bad” neighborhoods. One is my apartment in Vegas, and the other is our shared apartment in Hawaii. The way I’d define both areas is that they’re among the cheapest housing in their respective cities, and they’re bad enough that when an Uber driver understands where you are going, they feel comfortable… Continue reading What It’s Like Living in a Bad Neighborhood

Published
Categorized as Uncategorized Tagged