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Personal finance links: financial mistakes

Abnormal Returns

morningstar.com) On the math of early Social Security claiming. awealthofcommonsense.com) Piggy banks are passe. (humbledollar.com) An appreciation of Jonathan Clements' work. apexmoney.com) Retirement Lessons from a 'faux retirement' including 'Balance is hard!' bestinterest.blog) Cognitive decline is coming for us all.

Math 256
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Personal finance links: making bad decisions

Abnormal Returns

(awealthofcommonsense.com) On the math of a 0% line of credit. bestinterest.blog) Why you should turn off auto-renew for your bank CDs. axios.com) Personal finance Loss aversion is real. awealthofcommonsense.com) The many ways that life for you is better than for John D. Rockefeller. wsj.com) How do estimated taxes work?

Math 259
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Avoid the Unforced Investment Errors Even Billionaires Make

The Big Picture

So I bought Silicon Valley Bank options (SVB) right after it got cut in halfbut right before it went to zero. These two possibilities a 10-fold increase versus a 90% drop are roughly symmetrical in terms of math (but probably not probabilities). I was up so much on that trade that my trading demons were emboldened.

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Dollars Are For Spending & Investing, Not Saving

The Big Picture

That comp gets deposited directly into my bank account, and that money is available for purchasing necessities (food, housing, clothing, medicine, transportation, etc.) Whether it’s a few decades or a century, the math works the same. That compensation is in a currency that is a widely accepted medium of exchange.

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10 Weekend Reads

The Big Picture

Or why we need less math in music theory. ( Morgan , where she is co-head of commercial banking. Each sentence should have its own organic length, unconnected to what came before or goes after. So why doesnt our music do that?

Math 163
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10 Friday AM Reads

The Big Picture

Wall Street Journal ) • From Math Camp to Handcuffs: FTX’s Downfall Was an Arc of Brotherhood and Betrayal : Gary Wang and Sam Bankman-Fried are offering dueling accounts of the FTX fiasco and of who’s ultimately to blame. Slate ) • Guess Who Loses After Florida and Texas Bar ESG Banks? Here’s your investing playbook.

Math 291
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Top clicks this week on Abnormal Returns

Abnormal Returns

novelinvestor.com) The banking crisis isn't over. wealthmanagement.com) The math behind savings rates and retiring early. (humbledollar.com) Some lessons from the 2023 Berkshire Hathaway ($BRK.A) annual meeting. aswathdamodaran.blogspot.com) Inside Vanguard's bond indexing money machine.

Math 157