Category: Uncategorized
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SIPP Experience
I’ve finally got round to choosing some shares for my pension. As a recap: I moved my pension out of an existing pension company and put it into a SIPP (a self invested personal pension). This means I can choose how I want to invest the money (shares, funds, etc) so long as it’s in…
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Why do we have Pensions?
I’ve been looking into pensions and I’ve been reading a bit more about why they even exist. I stumbled across a Government paper which talks about how to incentivise pensions which gives a few clues. On the face of it, the pension is just a financial wrapper. It means that the money won’t be taxed at a…
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An Individual Inflation Rate
I saw an interesting comment by Ole Peters that inflation is just one number when really it should or could be adjusted to one’s stage of life. The effects of inflation for a young family (who may be trying to buy a house for example) will be very different than for a student or a pensioner. Come…
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Financial Advisors: Working towards Financial Antifragility
I’ve finally got round to speaking with a financial advisor. I told the advisor that my goal was to work toward financial antifragility. For obvious reasons. He knew the concept of antifragility and was very amenable to the idea, but, naturally, he had his ‘tried and tested methodology’ which he has been using with clients…
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History of Money & Future Crypto
Great video, from an hour in talks about history of money and the future. Made me think of fragility and antifragility in the history of money / exchange and importance of diversification in portfolio Things that stood out to me:
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Comparing Value
I posted a poll on LinkedIn a couple weeks ago. It didn’t garner much response, but the results were nonetheless telling. I was curious to know what people consider to be valuable to them. But to do this, I wanted to take money out of the equation and instead use an asset that most have…
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Antifragile Investments and the J-curve
I watched this podcast where Lex Fridman invited Jason Calacanis, an angel investor and entrepreneur, to discuss about start-ups and angel investments. At 1:31:48, it has been discussed the question of when should a startup raise money? Jason Calacanis used the “J curve” to explain what’s usually happening when a group of people decide to…
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Zurich Axioms – A Summary And Comparison with Antifragility
The Zurich Axioms are based on the axioms that Swiss bankers have used to increase and preserve wealth over generations. I decided to look at the axioms through the lens of antifragility and coaching principles. It’s all very well reading the axioms and think – yes, they make sense – but what about putting them…
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Summary: Dhandho Investor – The Low Risk Method to High Returns
Mohnish Pabrai couldn’t figure out how on Earth the Patels – an small immigrant community that only arrived in the US a few decades ago with barely any assets to their name – managed to acquire $40bn worth of American motel and hotel assets. He came to realise that the answer is in their approach: low…
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Taking risks to advance your cause
“Seven Years in Tibet” – which I thought was going to be an account of one man’s friendship with the Dalai Lama – actually begins with the lengthy tale (65 chapters!) of Heinrich Harrer trying to escape war imprisonment in India and trekking through Tibet. Only one purpose – to be free – guided his…