Pari-Mutuel Systems and Knightian Uncertainty
Here are two mental models that explain the nature of the stock market.
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Here are two mental models that explain the nature of the stock market.
My story, motivation, and how I came to the position of starting this peculiar endeavor.
While commonly used in the world of betting and finance, the Kelly criterion is poorly understood.
A deep dive of the company that handles more business than any other e-commerce company.
These books will bring you on the path to learning accounting the right way.
Know the kind of game you’re playing before you start playing it.
It’s such a simple mental trick.
We are at a critical start of a century that should transform the energy system on an epic scale.
Many members have asked me about Autohome lately. Here are my thoughts.
Buffett predicts Munger would talk about Costco.
The thoughtful investor’s job has not changed but the analytical approach has.
An e-mail exchange between Warren Buffett and Jeff Raikes on Microsoft in 1997 is filled with valuable lessons.
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