Data and Irrationality

The Rationality of Irrationality

Anti-Models25 Comments

When I adopted rationality more than a decade ago, discovering that the only intelligent way to go through life was to base decisions on the preponderance of evidence, critically attacking ideas to improve thinking, and working to constantly remove assumptions from my analysis, it was akin to the conversion of Saul in Acts 9:18; scales falling from my eyes and seeing the world for how it really was for the first time.  I never anticipated how painful it would be to see others remaining behind in Plato’s cave given my natural inclination to teach and help people.  Even reading the articles on news stories can be unpleasant.

Delicious Braised Red Potatoes with Chives and Lemon Recipe

You Have to Try This Recipe for Red Potatoes with Lemon and Chives

Food and Beverages3 Comments

For my fellow cooks out there, America’s Test Kitchen has published a recipe for braised red potatoes with lemon and chives that is beyond delicious.  It immediately became our permanent recipe.  I can’t imagine having them any other way now that I’ve experienced these.  I highly recommend you go get the recipe for yourself.  It’s simple, but the preparation they use makes all the difference.

AIG Diversification

What AIG Can Teach Investors About Diversification

Diversification, Portfolio Management12 Comments

Imagine that back in 2007, you had $3,000,000 to invest on behalf of a private family investment partnership you were running.  You decide to split this into three different companies.  One of these was AIG, the insurance conglomerate. AIG shares fell from a high of $1,459.00 each to $6.60.  The Board of Directors had to do a 20-1 reverse stock split to keep the thing from trading for less than the value of bottle caps.