LATEST BLOGS

So….Who Is In Charge?

… Until recently, most studies just broke out the top 1% as a group. Data on net worth distributions within the top 1% indicate that one enters the top 0.5% with about $1.8M, the top 0.25% with $3.1M, the top 0.10% with $5.5M and the top 0.01% with $24.4M. Wealth distribution is highly skewed towards…

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Are We Broke Yet?

With the Yanks taking a leaf  out of the Robert Mugabe school of economics and demonstrating an inability to master simple household economics I found this neat little graphic regarding each countries rating. Although given the quality of ratings agencies I am not certain I would place too much faith in it. From  Reuters

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Are We Broke Yet?

With the Yanks taking a leaf  out of the Robert Mugabe school of economics and demonstrating an inability to master simple household economics I found this neat little graphic regarding each countries rating. Although given the quality of ratings agencies I am not certain I would place too much faith in it. From  Reuters

Read more

So….Who Is In Charge?

… Until recently, most studies just broke out the top 1% as a group. Data on net worth distributions within the top 1% indicate that one enters the top 0.5% with about $1.8M, the top 0.25% with $3.1M, the top 0.10% with $5.5M and the top 0.01% with $24.4M. Wealth distribution is highly skewed towards…

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We Are All Doomed

Recently I struck a technical problem with one of the gizmo’s I owned so I fired up the old googlebox to see if I could find a solution in one of the various online forums. Not really being a denizen of forum’s it was somewhat of an education and not in a good way. If…

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We Are All Doomed

Recently I struck a technical problem with one of the gizmo’s I owned so I fired up the old googlebox to see if I could find a solution in one of the various online forums. Not really being a denizen of forum’s it was somewhat of an education and not in a good way. If…

Read more

Overconfident Gibbons

Interesting piece on the evolution of overconfidence Confidence is an essential ingredient of success in a wide range of domains ranging from job performance and mental health, to sports, business, and combat. Some authors have suggested that not just confidence but overconfidence-believing you are better than you are in reality-is advantageous because it serves to…

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Overconfident Gibbons

Interesting piece on the evolution of overconfidence Confidence is an essential ingredient of success in a wide range of domains ranging from job performance and mental health, to sports, business, and combat. Some authors have suggested that not just confidence but overconfidence-believing you are better than you are in reality-is advantageous because it serves to…

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