“Khaneman and Tversky are more responsible than anybody for the powerful trend to mistrust human intuition and defer to algorithms.” The thought of distrusting ourselves at all costs is a very uneasy one for most of us, because so often we have been told by our parents, mentors, and partners to “trust our gut feeling.” […]
Don’t Just Lose the Gut, Don’t Trust It Either Read More »
“Putting is like wisdom – partly a natural gift and partly the accumulation of experience.” -Arnold Palmer Not long ago I was playing golf at a very difficult course, the kind where they have professional caddies, because it would be impossibly difficult without a bit of help. On one hole I hit a good approach
Chip or Putt? / Lease or Purchase? Read More »
Growing CRE Capital in 2016 Written two years ago, the thoughts below were a look forward in an attempt to define a strategy that offered upside while protecting against downside as is seemed an asset bubble was forming through easy money policy. Today, at the end of January 2019, the stock market has continued to
A look back…were we right? Read More »