Wednesday, February 16, 2022

The Practicing Stoic: A Froogal Stoodent review

Feeling Philosophical:
The Practicing Stoic: A Philosophical User's Manual by Ward Farnsworth - Notes and Quotes

Sixth in a series of book reviews by The Froogal Stoodent

If you're interested, you can find this book at Amazon.

I wasn't planning to do a review for the blog on this one. An overview of the philosophy of some ancient Greeks and Romans seems a little heavy and off-topic for this forum.

But it turns out that plenty of what I read is applicable to personal finance. Moreover, some of these quotes are too great not to share!

Saturday, February 12, 2022

Links for February 2022

Links February 2022

Another way our healthcare is broken: https://www.dailyposter.com/youre-being-gouged-on-medicine-you-already-paid-for/

An interesting meditation on career progression from someone in the FIRE movement: https://www.fierymillennials.com/fire-and-career-progression/

The devil's in the details, as Financially Alert's Michael Quan found out when he accidentally wrote his son out of his inheritance: https://www.financiallyalert.com/how-i-accidentally-wrote-my-son-out-of-his-inheritance/

An insightful interview with someone who has done quite well for himself: https://esimoney.com/millionaire-interview-27/

Only tangentially related to money, but interesting nonetheless: https://www.vice.com/en/article/gq857b/these-guys-made-up-a-fake-case-to-get-on-judge-judy

The White Coat Investor does an excellent job explaining the pros and cons of debt. Yes, there are both: https://www.whitecoatinvestor.com/how-to-think-about-debt/

Another excellent analysis from Lyn Alden: https://www.lynalden.com/qe-and-inequality/

Three articles on rethinking homeownership:

  1. https://www.economist.com/leaders/2020/01/16/home-ownership-is-the-wests-biggest-economic-policy-mistake
  2. https://richandregular.com/the-fallacy-of-homeownership/
  3. https://www.wisebread.com/the-fallacy-of-homeownership-as-a-sound-investment
  4. This one's fairly dense and has some investing jargon, but it's incredibly insightful: https://byrnehobart.medium.com/the-30-year-mortgage-is-an-intrinsically-toxic-product-200c901746a

A helpful reminder from David at Filled With Money: https://filledwithmoney.com/slow-and-steady-wins-the-race/

Great advice: https://stevepomeranz.com/radio/steves-commentary/my-last-commentary-to-you-all/

Average retirement savings by age, and how to plan for the future: https://www.averageretirementsavingsguide.com


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Wednesday, February 2, 2022

When Genius Failed: A Froogal Stoodent review


When Genius Failed: The Rise and Fall of Long-Term Capital Management

A Froogal Stoodent Review


If you're interested, you can find this book at Amazon.

Fifth in a series of reviews by The Froogal Stoodent

In his book When Genius Failed, author Roger Lowenstein describes, as the subtitle puts it, The Rise and Fall of Long-Term Capital Management.

That means it reads like a novel—but it’s true.