Setting Finish Lines – Just How Much is Enough? If you are reading this, you are almost certainly “rich” by historical and world standards. Up until late in the 18th century, the typical life was one of survival, not abundance.
I truly hope you’ve never had the unfortunate experience of listening to Meghan Trainor’s single “All About That Bass” released some 10 years ago. But when it comes to taxes on non-retirement accounts, it IS all about that BASIS. What
Needle in the Haystack Pop quiz! Question 1: Do stocks outperform one-month US Treasury Bills? Question 2: Are individual stocks likely to outperform one-month US Treasury Bills? You might say, Craig, those two questions are asking the same thing! And
Simplistic, Complex or Elegant Simplicity The world is a highly complex place. The interconnected, multifaceted world that we inhabit is both dumbfounding and inspiring at the same time. If you have a moment to read Leonard E. Read’s short essay
A Lesson of History – Don’t Fall Victim to A Classic Blunder! As the year marches on, I’m up to Book Number 24. It happens to be Will Durant’s The Reformation: The Story of Civilization Part VI. The book, originally
The Cost of Capital and the Price of Time We’ve all heard the phrase “time is money”. But what exactly is the “price of time”? How do we calculate or quantify how much time is worth? When we invest, what
New Years Resolution One of the “classics” in investing literature is Charles Ellis’ Winning the Loser’s Game. I happened to reread it recently, and what follows has heavy inspiration from the themes in his book. As the calendar has recently
Of Adam Smith, Pyrrhic Victories, and your “Why?” You are probably familiar with Adam Smith, often called the Father of Economics. Most people associate him with his book The Wealth of Nations which was published in 1776 and remains widely
Staying Found Years ago, Melinda and I hiked the Pacific Crest Trail (PCT) from Ashland, OR to Manning Park, British Columbia. We learned a lot about ourselves during the roughly 900 trail-mile trip, celebrated our first wedding anniversary sleeping on