One of the most interesting aspects of fear is that it is often completely irrational. Which is not to say that fear is unnecessary, or even not useful. It’s just that it seems to reside in the deeper less evolved parts of our brains. It’s a more animal, and a less analytical response to the […]
Archive | May, 2014
Whitecoat Faceoff: Unballing your Yarn
One of the most valuable things about writing regularly, is that it frequently brings into stark relief my own biases. Many of the errors that I make come from a place of utter blindness. Although I’d like to think of myself as a fairly empathetic dude, it becomes clear that I spend all of my […]
Lurking Below
There is something present in you and in me at all times and in all situations to varying degrees. Beneath the surface whenever we meet someone new, or give a talk, or ask the boss for a raise, or fly on a plane, or cross the street, or look out of the window in a […]
K.I.S.S.
Having had the good fortune to complete high school, an undergraduate degree, four years of medical school, three years of internship/residency, three years of a cardiology fellowship, and one year of a subspecialty fellowship in arrhythmia, I’ve been blessed with the opportunity to learn from a lot of teachers. And when I look back at […]
Details, details….
Please excuse the shortened format tonight. Please also forgive me the lack of funny pictures. You see the Dividend clan decided to go for a last-minute memorial day vacation up to Seattle. A Priceline Westin room near our favorite Taiwanese Shanghainese soup dumpling place for 150 bucks, a stroll through the Chihuly Gardens with their […]
Mean Streets
If you’re looking for a North star to guide you on your investing journey, you could do a lot worse than to set your course by John Bogle. If the prevailing ethic that guides Wall Street is to “sell the sizzle and not the steak,” meaning to appeal to people’s fears and greed to sell […]
Shangri-La
We don’t live in an ideal world. That’s for sure. Life is messy and requires compromises and grit and overcoming obstacles and all of that. No endeavor worth pursuing is without its own trials and tribulations. And of course the miles game is no different. If you play the miles game, as I play it, […]
Homerism (and notes)
I’m rereading The Four Pillars Of Investing by William Bernstein. This is a terrific book, that I highly recommend everyone interested in investing to read at least once. Bernstein is a remarkable mind who is able to take complex economic history and theory and calculations and distill them all down into a very readable and […]
A Little Experiment
Things can get pretty crazy when it comes to beliefs. It seems to me that when you’re devoted to a certain philosophy it’s very hard not to develop a series of blind spots. When a belief system really resonates with you it sort of becomes a part of you, so any challenge to the philosophy, […]
Sacred Cows
Have I got an investment opportunity for you. You’re going to thank me for this one. Before I begin I want you to grab a piece of paper and a pencil and write down some important facts about this investment. I guess the first thing you’ll want to know is how to classify this investment. […]
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