Category: Uncategorized

  • MS and the distortion of W2 work

    MS and the distortion of W2 work

    One commonly discussed quirk (if you can call it that) of getting deeper and deeper into MS is that your perception of what is a lot of money changes. When you’re moving many multiples of your actual paycheck around every day, it starts to feel like it’s barely real at all.  Us millennials in the…

  • Guest post: The K-Shaped Churn

    Guest post: The K-Shaped Churn

    A special thanks to good friend and frequent guest poster smugdog for today’s post. It’s an interesting thought exercise for whales, minnows, and everyone in between – and a fresh perspective on the never-ending debate about sharing vs. gatekeeping. The K Shaped Churn: Why the Whales Are Diving Deeper and the Minnows Are Drying Up…

  • So about that Mint release…

    So about that Mint release…

    It’s been awhile since we had cause for a good ‘ol fashioned Friday rant, but yesterday, the Mint gave us plenty to talk about. Since you’re reading this post, you’re likely aware that the U.S. Mint released three special edition coins shaped like the Liberty Bell yesterday. A 1oz silver at $750, a half-ounce gold…

  • Ethics in MS

    Ethics in MS

    When I was in college, I took a throwaway course on ethics and ethical relativism one summer to avoid needing an extra semester for a double major. It actually ended up being my favorite class I took during all of my time in college, even though it was wildly unrelated to my majors.  The idea…

  • Friday fun: Time for some more NYT games

    Friday fun: Time for some more NYT games

    Friday means it’s time for something more fun than rants about getting shutdown. It’s been around six months since I made some puzzles, so why not do some today? The Wordle is fairly easy, the crossword is fairly easy, and the Connections is fairly diabolical. On the bright side, there are unlimited attempts unlike the…

  • Separating loops where it makes sense: rationalization and opportunity cost

    Separating loops where it makes sense: rationalization and opportunity cost

    We spend a lot of time talking about loops in this hobby. Moving your money in a circle with some (hopefully) profitable intermediaries is basically…the whole thing. I think we sometimes manage to make some loops unnecessarily complicated while leaving too much risk hanging off others. Let’s do a little thought exercise. Example #1 –…