Yes, the new iPhone 8 Plus is a bargain. And if you see my logic, you will agree too. I'm a proud owner of Apple's new phone from October 2017. My previous phone was the iPhone 5 which I purchased in February 2013. It was a great phone and I would have held it for another year if my wife didn't leave it in the sun on the beach at Protaras. It was in a bag but at over 40 … [Read more...]
Archives for December 2017
Video: A Variant View on Indexing and Passive Investing
The CFA Institute will invite a limited number of Charterholders to speak at the annual conference in Hong Kong in May 2018. To be considered you had to submit a 15-17 min video on a topic. Below is my submission which I share with you. … [Read more...]
Wall Street Arguments On Bitcoin Are Plain Wrong
The Bitcoin mania continues as greed is part of human nature and grandmas to professionals get involved. The professionals' argument is that it's not correlated to other asset classes and adds to diversification. Former portfolio manager of the University of Chicago and current CIO of a crypto hedge fund, Ari Paul, thinks that endowments should look into crypto. He is quoted … [Read more...]
Pecking Order
Out of all the animals we keep on our “farm”, chickens are the only ones that bring me no joy. Chickens are, by nature, brutal and cruel. They will torture the weak to death with their pecks, not because they have to, but because they can. It’s the way their brains are hard-wired, and it works for them, as a species. So I pretend that chickens aren’t evil and I’m not complicit. … [Read more...]
