Recently added

Headline fiscal numbers overstate real impact — always find the net after behavioural and compensating effects

Every tax is ultimately paid by people — the question is which people and how obviously

Every provider must offer a plain-vanilla baseline — the OTC moment for personal finance

Insure large catastrophic risks only — take the highest excess you can afford

Soft behavioural nudges are insufficient when suppliers actively re-complexify around them

Society obsesses over the financial extremes and ignores the vast vulnerable middle

Financial product complexity is often deliberate — opacity is the product

The mortgage market profits from borrowers who forget to refinance on time

Teams with better cultures report more errors — they're not making more, they're hiding fewer.

Act as if markets are efficient — not because they are, but because the assumption protects you.

Calm, context, and curiosity are the only defences against being manipulated by numbers.

A 1% annual fee doesn't cost 1% — it costs a quarter of your final pot.

Separate your public identity from your beliefs so you can update when evidence demands it.

Financial media's incentive structure guarantees bad forecasts — by design

Four sociological markers that signal speculative mania — regardless of asset class

Master theory, history, psychology, and business — then everything else follows

Separate survival money from growth money — never mix them

Design for the worst 1-2% of times — that's when compounding breaks

Your future earnings dwarf your portfolio — so own more stocks when young

Interest rates are a dull sword swung in the dark — blunt, delayed, and paradoxically capable of causing the opposite of what's intended

Inequality earned by creating value is a feature; inequality extracted through monopoly or monetary policy is a bug

Zero rates systematically transfer wealth from cash-poor savers to leveraged asset owners — every cycle tightens the ratchet

Ultra-low rates keep dying firms alive, blocking creative destruction and killing productivity growth

Interest is crystallised impatience — the inescapable price tag on every transaction across time

Crashes are more frequent since 1980 — understand why before assuming the next one

Remove the punch bowl before the party peaks — not after the crash

Confidence is the mechanism of crash recovery, not just a byproduct

Debt is the multiplier that turns a bubble into a great crash

Every great crash follows: bubble → resolution → aftermath

Humans are hardwired for community, not selfishness — bonus culture and despair drag us away from our natural mode.

Regional recovery requires a multi-decade moral compact that no single government can deliver or cancel.

The Treasury's overconfidence cycle: excluding local knowledge produces bad decisions, then punishes locals for the failure.

Rebuild post-industrial places from a small founding team with moral philosophy and replicable business skills.

Distinguish capital that builds value from capital that merely shuffles ownership.

Predict someone's future from postcode and parental education — not income.

Every revolution resets to the starting point; only sequenced reform builds forward

Wealth buys political rules that protect wealth — the self-reinforcing loop that stalls reform

Post-war prosperity was built on explicit inclusion — its erosion explains today's political rage

Economic grievance + elite failure = the ancient pattern that ends in tyranny

Democracy and capitalism need each other — but inequality pulls them apart

Three questions that surface the emotion driving any money behaviour.

Couples don't fight about money — they split it until one holds all the fear.

Shame, not greed or laziness, is the most common destroyer of built wealth.

Your first money teachers wrote scripts you're still acting out today.

Money misbehaviour is always a symptom — the real issue lives upstream.

Judge high-conviction operators by their mechanisms, not their magnitude

Treat each financial wipeout as a cleared board, not a verdict

Overwhelm competition by stuffing portfolio companies with 3-4x more capital than asked

Turn structural exclusion into a risk tolerance that insiders can never match

Lock onto a multi-decade technology trend, then hold through every crash