Know thyself
As a younger investor, I was convinced there was really only one proper way to invest. Essentially, unless you were investing like Buffett, you…
General
Another F$#king AI Article
If AI continues to make building systems and writing programs cheaper and easier, we will need a lot fewer developers. In fact, a lot…
The Quiet Compounder
Of the US market's greatest compounders, only six averaged more than 20% a year over their lifetime. Six! But they weren't the ones that…
Abundant Intelligence
Investors keep having the same argument about AI, but it’s the wrong one. There can be a genuine, society-altering technology and a very expensive,…
Pondering Position Sizing
The Kelly Criterion won’t give you the true odds — but it will stop you betting the house on a number you invented.
Siren Songs
Charismatic CEOs make growth sound irresistible — even to seasoned sceptics. The remedy is not cynicism, but facts, weakly held opinions, and the humility…
Two Steps Forward, One Step Backwards
There's a special kind of psychological torture that comes with small-cap investing. Only at the spicier end of the market can you find yourself…
Strawman 2.0
Against all odds, and despite my highly questionable coding skills, the new Strawman website is officially out in the wild. As I'm sure you've…
Staying In Your Lane
Scroll through Financial Twitter and you'll quickly find yourself drowning in a sea of absolute certainty. Everyone, it seems, knows exactly where the price…