big ideas

Moneyness: dictionary money

A short article with a high concentration of new-to-me knowledge. “Nick Rowe points out that if a central bank wants to control the economy’s price level, it needn’t issue any actual money—it can just edit the dictionary every morning, announcing […]

better doing

Stay on script. 

Nick Maggiulli from Of Dollars and Data reminds us about the importance of sticking to investment plans. That means avoid chasing the newest “hot” investment! | learn more

better doing

The best way to lose $5B dollars. 

This post tells the story of how the Vanderbilt family went from a consolidated $5B fortune in 1886 to not a millionaire among them in 1973. It’s advice on what not to do. | learn more

big ideas

A trillion dollar space industry by 2040. 

“Morgan Stanley estimates the space industry, worth about $350 billion today, will grow into an economy worth more than $1.1 trillion by 2040, a team of analysts wrote in a note Thursday. … A diversified list of stocks emerges as Morgan […]