Category Archives: General Advice

How Should We Think About Bitcoin?

Is it a speculation or an investment? Is it an Investment? Bitcoin is most certainly not an investment. Investments can be valued based on a current or expected cash flow stream. Think CDs, bonds, stocks, or real estate. Bitcoin generates no cash flow. Yes, there are businesses that currently do not generate positive cash flow [...]

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The Brexit Was Like Riding an ATV

This past weekend I was at the house of one of my fiancée’s relatives. They have a bit of land and we went riding on their ATVs. Myself and my fiancée both insisted on wearing helmets, as ATVs can be quite dangerous. The risk of not wearing a helmet is asymmetric. If you don’t wear [...]

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