The Investopher: Where markets meet philosophy

At first glance, thrift sounds like a virtue.  Saving more, spending less, living prudently; what could be wrong with that? But in economics, John Maynard Keynes warned of a strange contradiction called the Paradox of Thrift : What’s wise for the ind…

In the 1950s, physicist Enrico Fermi asked a simple, unsettling question: If the universe is so vast and old, and intelligent life is possible, then… where is everybody? This became known as the Fermi Paradox;  the tension between high probability a…

Imagine this: e very decision you make... every trade, every rebalance, every moment of hesitation, you’ll be forced to live again. Not just once, but endlessly. Over and over. Forever. This is Nietzsche’s thought experiment of the Eternal Return :  …

In the world of game theory, few thought experiments are as famous as the Prisoner’s Dilemma .  Two prisoners are accused of a crime. If they both stay silent, they receive light sentences. If one betrays the other, the betrayer goes free while the si…

Picture this.  You’re managing a portfolio. One position; let’s say a biotech stock which is plummeting. Down 25%, 30%, maybe more. The rest of your holdings are still healthy. But this one loser is dragging your overall performance into the red. You…

Modern investors are blessed with options. From domestic equities and international bonds to REITs, gold, factor funds, crypto, thematic ETFs, private equity, hedge funds, and more; the financial buffet is endless.  But is that abundance a gift… or a…

You open your news app:      “Markets in Turmoil!”      “Tech Stocks Surge After Fed Comments!”      “Bitcoin Crashes $1,000 in 10 Minutes!” Your screen flickers with headlines, tickers, flashing colors, and the feeling that something important is al…