Month: August 2014

A book report and some thoughts concerning employment and inflation.

Following below are several brief excerpts from the book, The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies, by Erik Brynjolfsson and Andrew McAfee, professors at the MIT Sloan School of Management. In this book the professors discuss some of the significant benefits and challenges associated with the advent of artificial intelligence. I will insert… Read more →

Today’s quiz, longevity insurance, three books and the new website.

Today’s quiz has to do with asset category returns.  The first decision an investor must make is choosing what to invest in.  Stocks?  Bonds?  Real estate?  Gold?  Futures contracts?  Persian rugs?  Pork bellies?  Several large studies have found that the investor’s answer to the question of which asset category, or categories to invest in is of major importance, likely the most… Read more →