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Recent Articles & Reviews
- Book Review: The Millionaire Real Estate Investor by Gary KellerA system for building rental wealth from 100+ millionaire investors: Keller’s four-stage model, the Criteria/Terms/Network filter, and why net worth beats cash flow as your master metric.
- Book Review: Deep Value by Tobias CarlisleTobias Carlisle argues investors are paid for uncovering mispricings, not picking winners — and the best mispricings hide among the market’s most hated stocks. A data-driven case for deep value.
- Book Review: Against the Gods by Peter L. BernsteinPeter L. Bernstein’s history of risk, from dice games to derivatives — why the ability to measure uncertainty is the dividing line between the modern world and everything before it.
- Book Review: The Four Pillars of Investing by William J. BernsteinWilliam Bernstein argues successful investing rests on four pillars: theory, history, psychology, and the investment business. The deepest book on why index investing works.
- Book Review: Market Wizards by Jack D. SchwagerJack Schwager’s Market Wizards interviews seventeen legendary traders, Kovner to Tudor Jones, distilling one creed: manage risk first, follow your method, and be patient.
- Book Review: Predictably Irrational by Dan ArielyDan Ariely’s Predictably Irrational shows our financial mistakes are systematic, not random: anchoring, the endowment effect, and other biases every investor should name and manage.
- Book Review: Trust by Hernan DiazA spoiler-free review of Hernan Diaz’s Pulitzer-winning novel Trust, the site’s first fiction review: fortunes are narratives, and whoever controls the story controls the wealth.
- Book Review: The Warren Buffett Way by Robert G. HagstromRobert Hagstrom’s classic breaks down Warren Buffett’s investing methods into four groups of tenets. A readable, conservative summary for value investors who want to understand the Oracle of Omaha.
- Book Review: Millionaire Teacher by Andrew HallamA schoolteacher built a million-dollar portfolio on a teacher’s salary. Andrew Hallam’s nine rules of wealth: index funds, low fees, and the discipline to stay invested.
- Book Review: Narrative and Numbers by Aswath DamodaranDamodaran argues every valuation is a story first, numbers second. Our review of Narrative and Numbers covers its lessons, criticisms, and who should read it.
- Book Review: Reminiscences of a Stock Operator by Edwin LefèvrePublished in 1923, Edwin Lefèvre’s fictionalized biography of Jesse Livermore is the oldest and wisest book on speculation: cut losses fast, wait patiently, and respect market psychology.
- Book Review: Mastering the Market Cycle by Howard MarksHoward Marks built Oaktree on understanding market cycles. Mastering the Market Cycle teaches you to judge where you are in the cycle — and position accordingly.
- Book Review: The Bogleheads’ Guide to Investing by Taylor Larimore, Mel Lindauer, and Michael LeBoeufThe Bogleheads’ Guide to Investing distills John Bogle’s index-fund philosophy into a plain-English manual for DIY investors. Our review covers its lessons, criticisms, and who should read it.
- What Is Rebalancing?Rebalancing means selling what’s grown and buying what’s lagged to restore your target allocation. Here’s why drift matters and how often to do it.
- What Is the Estate Tax?The federal estate tax hits fewer than 0.1% of estates. Here’s how it works, the $13M+ exemption, and why most families owe nothing.
- How to Buy T-Bills in a Roth IRAT-bills in a Roth IRA earn truly tax-free interest. Here’s how to buy them through a brokerage — TreasuryDirect doesn’t offer IRAs.
- Book Review: Irrational Exuberance by Robert ShillerNobel laureate Robert Shiller’s data-driven case that markets are driven by psychology, not fundamentals — and how to spot bubbles.
- What Is Probate?Probate is the court-supervised process of settling an estate. It’s public, expensive, and slow — here’s why people avoid it and how trusts bypass it.
- Who Is William Green?William Green has spent decades interviewing the world’s greatest investors. Here’s who he is and why his book Richer, Wiser, Happier matters.
- What Is an Expense Ratio?An expense ratio is the annual fee your fund charges. A 1% fee sounds tiny — but over 30 years, it can cost you a quarter of your wealth.
- Book Review: Fooled by Randomness by Nassim Nicholas TalebNassim Taleb’s debut argues we mistake luck for skill. A sharp, funny case for humility in investing and life.
- T-Bills vs. Treasury Notes: What’s the Difference?T-bills mature in a year or less; Treasury notes run 2-10 years. Here’s how maturities, yields, and use cases differ.
- How Are Dividends Taxed?Dividends are taxed at 0%, 15%, or 20% if qualified — or as ordinary income if not. Here’s the difference and how to report them.
- What Is a Donor-Advised Fund?A donor-advised fund lets you donate now, deduct now, and give to charities later. Here’s how the deduction, bunching, and timing work.
- Book Review: Beating the Street by Peter LynchPeter Lynch ran Magellan to 29% annual returns. Beating the Street is his practical guide to finding winning stocks in everyday life.
- Who Is Phil Knight?Phil Knight founded Nike in Oregon and built it into a global empire. Here’s his story, from Blue Ribbon Sports to Shoe Dog.
- Book Review: Shoe Dog by Phil KnightPhil Knight built Nike from a station wagon into a global empire. Shoe Dog is his honest, funny memoir of the chaos along the way.
- Roth vs. Traditional 401(k): Which Should You Choose?Roth means tax now, traditional means tax later. The right choice depends on your tax rate today versus retirement — and most high earners get it wrong.
- Book Review: The Almanack of Naval Ravikant by Eric JorgensonEric Jorgenson collected Naval Ravikant’s best thinking on wealth and happiness into one free book. Here’s what it teaches and who it’s for.
- T-Bills vs. CDs: Where Should Your Cash Go Right Now?T-bills and CDs both beat savings accounts — but they differ on taxes, liquidity, and penalties. Here’s how to choose for your cash.
- What Is Tax-Gain Harvesting?Tax-gain harvesting means selling winners in a low-income year to reset your cost basis at the 0% federal capital gains rate. Here’s how it works.
- Book Review: Richer, Wiser, Happier by William GreenWilliam Green spent 25 years interviewing the world’s best investors. Richer, Wiser, Happier distills their wisdom on money, risk, and living well.
- Who Is Garrett Monroe?Garrett Monroe isn’t a credentialed attorney — it’s a pen name. What we know about the author behind the bestselling living-trust guides, and how to read them safely.
- How Are Treasury Bills Taxed?T-bill earnings are taxed federally but exempt from state tax — a $299/year edge on $50,000 in California. The discount timing rule, Box 3 reporting, and the mistakes to avoid.
- What Is a Solo 401(k)?The Solo 401(k) lets self-employed people contribute as both employee and employer — up to $72,000 a year. Who qualifies, the 2026 math, and the December 31 setup deadline.
- How to Have Muse Run Your Side HustleAn AI assistant can absorb the busywork of a side hustle — drafting, research, bookkeeping — saving 3-5 hours a week. The prompts, workflows, and limits that actually matter.
- How to Choose a Brokerage AccountPick the account type first, then any of Vanguard, Fidelity, or Schwab — the fund’s expense ratio matters far more than the logo ($150,000 over 30 years). The 15-minute setup.
- What Is Coast FIRE?Coast FIRE: save enough early that compounding finishes the job — about $197,000 at 35 becomes $1.5M at 65 with no more contributions. The math, the catches, and who it’s for.
- How Do Taxes Work on RSUs?RSUs are taxed as wages at vesting, not at sale — and 22% withholding can leave a $6,500 gap on a $50,000 vest. The cost-basis fix and the mistakes that cost thousands.
- What Is the Mega Backdoor Roth?The mega backdoor Roth moves tens of thousands per year into Roth accounts via after-tax 401(k) contributions — but only if your plan allows two things. The $72,000 math and the catch.
- What Is a Roth Conversion Ladder?A Roth conversion ladder lets early retirees access 401(k) money before 59½ without the 10% penalty: convert in a low-income year, wait five, withdraw tax-free. How the rungs work.
- 7 Best Books on the Psychology of MoneyThe 7 best books on money psychology, ranked by how much they change your behavior — from Housel’s Psychology of Money to Kahneman — plus a one-page checklist turning each big idea into a rule.
- What Is the K-Shaped Economy?Why asset owners soared while paycheck earners fell behind: the K-shaped economy, a worked $500-a-month example of the two arms, and why Fed rate moves widen the gap.
- What Is the New Issue Puzzle?IPO stocks pop 21% on day one, then lag for years — the New Issue Puzzle. Why companies go public at the worst time for buyers, and a ten-minute S-1 checklist to spot the warning signs.
- What Is Modified Adjusted Gross Income (MAGI)?What is MAGI? Modified adjusted gross income: the number behind Roth IRA eligibility (phasing out at $153,000 for singles in 2026), premium tax credits, and Medicare surcharges, and why there’s no single formula.
- Book Review: Misbehaving by Richard ThalerMisbehaving by Richard Thaler: the Nobel laureate’s memoir-manifesto of behavioral economics, from mental accounting to the endowment effect, and why the book is stronger on diagnosis than prescription.
- What Is the Efficient Market Hypothesis (EMH)?The efficient market hypothesis: why stock prices already reflect all available information, what it means for your fees (1% costs ~$24,500 over 30 years), and Buffett’s million-dollar index bet.
- Who Is Adam Fergusson? Author of When Money DiesWho is Adam Fergusson? Author of When Money Dies, the definitive account of Weimar hyperinflation — his life, his book’s best passages, and why inflation is a confidence game.
- What is the Sunk Cost Fallacy?What is the sunk cost fallacy? The $150 concert ticket you’ll sit through exhausted: why past spending shouldn’t decide future choices, and Charlie Munger’s inversion test to escape it.
- Book Review: When Money Dies by Adam FergussonWhen Money Dies by Adam Fergusson: Weimar Germany’s hyperinflation, when one dollar bought 4.2 trillion marks and a cinema ticket cost a lump of coal. What wiped out the cash-holding middle class.
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