Archive for July, 2007
Tuesday, July 31st, 2007
Two roads diverged in a wood, and I– I took the one less traveled by, And that has made all the difference—Robert Frost
The Economist.com has a nice definition of opportunity cost:
The true cost of something is what you give up to get it. This includes not only the money spent ...
Posted in Tangents | 1 Comment »
Monday, July 30th, 2007
Tell me what you eat, and I will tell you what you are—Brillat-Savarin
Preferences are the key to starting your personal finances. I don’t think financial websites emphasize this enough. For example, consider the articles “Skip Graduate School” and “Unpaid Internships are a Waste.” While the articles make valid points, their ...
Posted in Tangents | 4 Comments »
Friday, July 27th, 2007
If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability -- Henry Ford
In my opinion, personal finance is about financial independence. It is about having the proper knowledge, ...
Posted in Introductory | 5 Comments »
Friday, July 27th, 2007
Welcome new readers. If you’re coming from Yahoo Finance, Freakonomics, or Lifehacker, here’s the quick intro. I write a game theory article every Tuesday. On other days, I discuss smart money and life decisions. You can get all of my articles in the RSS feed or through email updates.
My quest ...
Posted in Introductory | 1 Comment »
Friday, July 27th, 2007
Welcome new readers. If you’re coming from Yahoo Finance, Freakonomics, or Lifehacker, here’s the quick intro. I write a game theory article every Tuesday. On other days, I discuss smart money and life decisions. You can get all of my articles in the RSS feed or through email updates.
My quest ...
Posted in Introductory | 1 Comment »