Where is Edward Quince?

Chekhov's Principle (aka Chekhov's gun) Playwright Anton Chekhov articulated a strict rule of narrative: If in the first act you hav...

  Nature abhors a vacuum. Aristotle famously declared that nature abhors a vacuum. In the financial world, we can confidently declare that W...

  Can you tell the difference between what's important and the price you have to pay? In our relentless pursuit of growth, we often forg...

 T o get something important, people have to pay a price . We live in a financial culture that constantly hunts for the "silver bullet...

  We live in an era of binary takes. You are either a "doomer" predicting the collapse of the fiat currency system by next Tuesday...

  Hope is a beautiful thing in life. It is the fuel of the human spirit. But in investing, hope is often the precursor to poverty. The Wisdo...

We often talk about "narratives" driving markets. But have you ever noticed how those narratives are constructed? They aren't...

We have a tendency in finance to equate complexity with intelligence. If a strategy involves derivatives of derivatives, offshore structures...