You will never, ever, get it 100% correct. Whatever you predict. However carefully you calculate you will never be totally accurate. That’s because the future is not predictable. We can use data, models and past information to narrow the parameters within which we believe things will operate in the future, but we cannot ever accurately […]
DON’T BE AFRAID OF BEING WRONG Read More »
If we don’t have our money invested at a rate that beats inflation then we are losing money. True, in specific sterling or dollar terms. If inflation is running at 5% and we invest at 3% then it is clear that next year our money will buy us 2% less than it would buy us
INFLATION EROSION – TRUE OR FALSE? Read More »
Today we talk about ‘happiness’ – a state I would argue is impossible to achieve for any human being since true happiness would involve achievement of everything that we could ever want or desire and at that point we lose that thing that we are most evolutionarily hard-wired to have: curiosity. But happiness is not
