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Fewer Losers, or More Winners?
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Indexing in Singapore
Andrew Hallam • Millionaire Teacher
And let’s say he still went on to earn the extraordinary annual investment returns he’s been able to generate (22% annually), but quit investing and retired at age 60 to play golf and spend time with his grandkids. What would a rough estimate of his net worth be today? Not $84.5 billion. $11.9 million. 99.9% less than his actual net worth.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Arbitraging the national psyche The Minnesota Multiphasic Personality Inventory (MMPI) is a widely used assessment of mental disorders that provides interesting insights into the American national psyche. Between 1938 and 2007, the levels of psychopathology in the US, as measured by the MMPI, have risen greatly. Specific areas on the rise include:
... See moreDaniel Crosby • The Behavioral Investor
He cited a forecast from a different play-money prediction market site called Metaculus. “What’s the chance of FTX defaulting on any customer deposit in 2022? It was like one point three percent,” MacAskill recalled.
Nate Silver • On the Edge: The Art of Risking Everything

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