Fast Food Was Solved Before Fast Fashion
Ozempic is not new anymore, and my friend is now losing weight on Wegovy. The miracle of science has been incredible to watch, because I know how difficult it was to lose weight by just trying to change habits before while the cravings persisted. (None of this is medical advice. These drugs are not for…
Relative Measures of Portfolio Performance
This is the third and final installment of my series on portfolio performance measures among separate assets groups. First, I summarize the earlier posts, then I introduce relative performance measures. I start with the Markowitz cloud of possible portfolio weights, returns, and volatilities. Absolute measures of performance contrast the realized portfolio performance with the performances…
Die With Something
“Boomers- live it up now at the expense of your kids, the government, charities, and your future selves.” That’s what I worried the popular book “Die With Zero” by Bill Perkins* might advocate based on its title and the brief descriptions I heard. After reading it, I’d say it’s at most 20% the book I worried…
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Economist Writing Every Day 