“Counterfactuals are the building blocks of moral behavior as well as scientific thought. The ability to reflect on one’s actions and envision alternative scenarios is the basis of free will and social responsibility.”
- Judea Pearl, The Book of Why
"We think they are days from failure. They think it is a temporary problem. This disconnect is dangerous."
Wednesday, December 27, 2023
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If you’re going to invest in specific securities it is very likely that you will not simply examine a single security/company, but that you ...
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In these past couple of chapters Graham has started to open the toolbox and discuss some of the tools of ‘Security Analysis’. While we ha...
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After delivering the parable of Mr. Market, Graham moves to a chapter titled ‘Investing in Investment Funds’. At first blush it seems lik...
Edward Quince’s Wisdom Bites: Are You Intelligent? Chapter 19
As we proceed, Graham turns his attention to the role of shareholders’, specifically that they are owners of the company. In the role of ...
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