Category: Mental Models
Gambler's fallacy is a cognitive bias that can lower your investing returns. You'll also hear it explained with recency bias and hot hand fallacy.
If you don't prepare yourself financially, you might not be able to help others. This a big money mistake that prevents financial freedom.
Fractional reserve banking is a system where banks use lending to create money. Here's how it works, an example and a brief history.
About a century ago, Rockefeller was the wealthiest American to ever live. Not Jeff Bezos, Bill Gates or Warren Buffett.
Ender's Game is my favorite book. I read it about 10 years ago and picked it up again in 2020. It’s packed with useful lessons.
I’ve fine-tuned how to submit a guest post without getting rejected. These are time-tested writing and blogger outreach techniques.
Warren Buffett has said diversification is protection against ignorance. And he’s right! But his actions show that he accepts his ignorance. You can learn a lot by listening to …
I first encountered mosaic theory when studying for the CFA exams. It’s a useful technique for collecting information and making better investment decisions. Knowing the logic behind it can …
The path to financial freedom is simple with the right plan. You can boost your savings rate, collect a bigger paycheck, and invest your growing nest egg.
I’ve been blogging for a while but haven’t given you a good introduction. So today, here are some highlights from my story…
