Kind-of-Lost

The Greater Fool

The greater fool theory of finance says it’s sometimes possible to make money by purchasing overvalued assets (items whose purchase price exceeds their intrinsic value) and reselling them for a higher price later.

This theory states that prices go up when people can sell overvalued securities to the “greater fool,” regardless of whether the securities are overvalued. Suppose one “fool” purchased an overpriced asset, hoping that he could sell it to an even “greater fool” who would profit from it. A system like this can only work if new “greater fools” are willing to purchase the asset at ever-higher prices. Continue reading “The Greater Fool”

Easterlin Paradox and Early Retirement

Throughout this post, I discuss the relationship between two concepts from the field of Economics(?): the Easterlin paradox and early retirement.

Early retirement is a controversial issue in economics and personal finance. I have written about it in an earlier post. Many Americans consider early retirement more than just a chance to have the most relaxing time of their lives. They can either succeed or drown at a crucial point in their lives from this point.

Easterlin paradox, on the other hand (or coincidently?), explores the relationship between income and happiness, or lack thereof.

College Basketball Rankings using Neural Networks

Now, in addition to the College Football Rankings that I publish here and I introduced and explained in an earlier post, I moved from a site I dropped (Sportheory.com) into this site a ranking of College Basketball teams calculated with a neural network.

College Basketball Rankings Neural Networks — A beautiful network

Sell tradelines to earn money

You can sell tradelines to earn money by adding authorized users to your credit card for a set charge. It takes an authorized user about two months to stay on your account, after which you are notified when the user can be removed.

Let’s discuss what tradelines are. How can you sell tradelines and earn cash?

Where can I buy a tradeline?

It is a fact that no one knows precisely how the credit scoring algorithm works because it is a secret. Attempts to understand the way credit scores work have resulted in many inferences, correlations, and speculations. Buying a tradeline helps you to improve your credit. Therefore, purchasing a credit line can be very beneficial. Still, you may be wondering, ‘where can I buy a tradeline?‘

Keeping track of all activity on an account is easy with a tradeline on a borrower’s credit report. A tradeline contains information about the creditor, the lender, and the type of credit provided. An important aspect of trade lines is the payment status.

Most people want their credit reports to be as good as possible. You do not see the addition of an authorized user to your credit report when you purchase authorized user tradelines on a credit card. With some exceptions, your credit report contains information about the entire history of your account.

You will get your answer in this article, but before telling you where can I buy a tradeline? First, let’s talk about what a tradeline is. And why should you purchase a tradeline?