Masters of Their Domain In the obscure world of high-stakes professions, there exists an elite group, whose members command salaries north of $700,000 per year. These individuals, akin to a specialized military unit, are deployed throughout the world on a moments’...
Michael Samford
A Leap Year to Surpass All Leap Years
Gastropods—the scientific name for slugs—are slow. In fact, they are even slower than “messages in a bottle” which have been documented to meander adrift ocean currents at speeds of just 0.75mph. The Usain Bolts of slugs cover 150 feet per hour, while the slowest...
The Metamorphosis of Financial Landscapes
"The Metamorphosis," written by Franz Kafka, is a profound and unsettling tale that begins with its protagonist, Gregor Samsa, awaking to find himself transformed into a large, grotesque insect-like creature. Gregor, initially bewildered and disoriented, tries to...
Dancing Gorillas and The Quest for Attentive Excellence
In a complex world, the nuances of focus and attention strongly influence success and failure. The iconic ‘Invisible Gorilla’ experiment, conducted by Harvard researchers Christopher Chabris and Daniel Simons in 1999, offers a compelling demonstration of this idea....
Your Journey, Your Moments: Understanding Time and Risk
Time is perhaps the most influential piece in the financial planning puzzle. In his days, Albert Einstein contributed extensively to humanity’s understanding of the complexities of time, and he has provided some of the absolute best, uncomplicated, explanations of...
Enchanting Experiences and Market Dynamics: Leadership or Hysteria?
In the sweltering heat of July, my family embarked on a journey to the distant and magical realm of Disney World. Over four exhaustive days, we immersed ourselves along with the other 57,000 daily visitors in a world where fairy tales come alive and where dreams, no...
An Update on Price Levels and the Dawn of “Swift-flation”
When two worlds collide, there is bound to be a spectacle. This past weekend, Cincinnati experienced such a collision as the city teemed with an influx of music and sports enthusiasts. The city, already known for its love of baseball, was not just painted red by...
The Foundation for Revolution – From Roman Concrete to Quantum Technology
Smart technology surrounds us. Each day, we carry smart phones in our pockets, monitor our fitness with smart watches, and sleep in smart homes. We may all soon commute in smart cars driving on top of smart concrete. Yes, smart concrete! The current scientific and...
The Great Molasses Flood and the Sticky Situation of Modern Economics
A Tale of Molasses and Misfortune On the morning of January 15, 1919, the residents of Boston could not have imagined the catastrophe that would ensue later that afternoon. The United States Industrial Alcohol Company (USIA), nestled in the North End neighborhood of...
A Focus on Difficult Questions
The Federal Reserve just raised interest rates again. Inflation is on the rise. The unemployment rate remains low despite a recent wave of corporate layoffs. What does it all mean? That is the quintessential investor question, and it is a difficult one to answer. The...