The Giles Resolutions: Scandal and Bailouts in the 1790s

What has been will be again, what has been done will be done again; there is nothing new under the sun. –Ecclesiastes 1:9 Political intrigue, allegations of financial impropriety, vicious attacks in the media, intemperate politicians, and anonymous trolling. These

Availability-Misweighing Tendency

This mental tendency echoes the words of the song: “When I’m not near the girl I love, I love the girl I’m near.” Man’s imperfect, limited-capacity brain easily drifts into working with what’s easily available to it. — Charlie Munger,

The Appeal of 21st Century Stoicism

“People who are excited by posthumous fame forget that the people who remember them will soon die too. And those after them in turn. Until their memory, passed from one to another like a candle flame, gutters and goes out.

Wernher von Braun and The American Moonshot

“It wasn’t luck that made them fly; it was hard work and common sense; they put their whole heart and soul and all their energy into an idea and they had the faith.” – John T. Daniels, recalling the first

Warren Buffett Moves the Goalposts!

Warren Buffett released his 2018 annual letter to Berkshire Hathaway shareholders last weekend which, of course, prompted investors and journalists to set aside their normal Saturday morning activities to analyze the Oracle’s words in great detail. Since the mid 1980s,

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