Kind-of-Lost

Favorite movie quotes

I am a movie fan and also a movie quotes fan. I quote movies all the time but I am going to list only movie quotes that I actually liked the moment I heard them in the movie. The first time. Sometimes you are quietly watching and something you hear hits you sort of like an epiphany. A punch in the face. A revelation. Something that had to be said or you had to hear. Many times how you receive a quote depends on your state of mind at the moment, and the same quote would have felt different in any other circumstance. Anyways, in no particular order, these are my favorite quotes.

Lessons from the 2019 letter from Warren Buffett to Berkshire Hathaway investors

After a few years of reading the famous annual letter from Buffett (tag) to his investors, and three years of following the live Yahoo! stream of the annual meeting in Omaha, last year I shared my impressions for the first time. Here is the second installment.

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