Mail Bag: The Ethics of Gingerism, Racism, Serosorting, and Discrimination in Relationships, Dating, and Sex Due to Assortative Mating

Today’s mail bag question deals with the ethics of the mental model called assortative mating.  This refers to the phenomenon whereby individuals choose to engage in relationships with others who are like themselves (positive assortative mating) or dissimilar (negative assortative mating).  There are strong economic arguments that the perceived rise in income inequality is due to assortative…

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Wendy’s Brilliantly Relies on Mental Models from Psychology to Reinvent the Classic Wendy’s Cheeseburger

Wendy’s recent commercial introducing the remade cheeseburger named after founder Dave Thomas is one of the best examples of marketing and psychology I’ve ever seen.  It’s brilliant; mental models applied in a constructive way.   I’m not going to take the fun out of it, but be on the lookout for some of the clues…

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How Much Money Does It Take To Be In The Top 1% of Wealth and Net Worth in the United States

What does it take to be in the top 1% of wealth in the United States? Many of you write me and ask that question, hoping someday to make it into the top 1% of net worth but not sure where that line gets drawn. I thought it might be useful to provide a reference to which I could point people in the future whenever they write, as well as make for some interesting afternoon reading for those of you who are curious about the nature of the economic world in which we live.

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Kennon-Green & Co. Fiduciary Financial Advisor, Wealth Management, Global Value Investing