Biased Algorithms, Biased World
Very interesting listen by data scientist Cathy O’Neil about her book, Weapons of Math Destruction, which describes the dangers of...
Powerball Mentality
Gene Fama’s discussion earlier this week made me revisit some ideas on outperformance and the zero sum game. In particular, the...
A Funny Thing Happened on the Way to 4%
@TBPInvictus here. Real GDP Percent Change from Quarter One Year Ago, Annually, End of Period Source: FRED The Bureau of...
BTFD: Quantifying Coffee Nonsense
Its a Summer Friday — a perfect time for something I have been meaning to get to posting on: Buy the Drip! (Kashana Cauley post...
Over/Under Represented: Causes of Death in the Media
Source: Our World in Data I do a number of presentations about investing, behavioral economics and psychology. My favorite...
Fearing the Dramatic, Complacent for the Mundane
Selfie Deaths Are Like Market Crashes Investors should worry much more about excessive fees, which are the financial equivalent of high...
BBRG: Selfie Deaths Are Like Market Crashes
Selfie Deaths Are Like Market Crashes Investors should worry much more about excessive fees, which are the financial equivalent of high...
Min Wage Debate: NYC Edition
@TBPInvictus here: With his typical mendacity, and by cherry picking his data for unsuspecting readers, Mark Perry has again muddied the...
Auto Delinquency Rates Feed the Debt Trolls
@TBPInvictus here: A throwaway line at the very tail end of a NY Fed blog post unfortunately got picked up lickety-split by all manner of...
Only 20% of Financial Advisors are Female
Blair is in town this week and she discussed the massive reaction that her New York Times op-ed generated throughout the wealth...