Sublime
An inspiration engine for ideas
THE COMPLETE FINANCIAL PICTURE
Erik Banks • Finance: The Basics
pioneer of modern portfolio theory
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
One factor is home ownership, which is much higher for white families. A second, closely related factor is inheritance.
Keith Payne • The Broken Ladder: How Inequality Changes the Way We Think, Live and Die
Let us deal briefly with some of the considerations that enter into these divergent multipliers.
Benjamin Graham • The Intelligent Investor, Rev. Ed (Collins Business Essentials)
A lot of day jobs structurally inhibit capital formation.
kalzumeus • Don't End The Week With Nothing
Proprietary Technology
Peter Thiel, Blake Masters • Zero to One
there is a way to think about the allocation of resources in uncertain environments in an optimal way
Luis M. A. Bettencourt • Introduction to Urban Science: Evidence and Theory of Cities as Complex Systems
Academic finance is devoted to finding the mathematically optimal investment strategies. My own theory is that, in the real world, people do not want the mathematically optimal strategy. They want the strategy that maximizes for how well they sleep at night.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Bright, Devoted, and Oscar have all structured their plans to financially align themselves with providers: when providers provide cost-effective care, both parties gain.