Sequence of Returns Risk Happens Once in a While There have been three recent major periods when sequence of returns risk significantly impacted retirement portfolios that are available for us to study. The 1930s, 1970s, and 2000s. This means that […]
The Opposite of Perfectionism The opposite of perfectionism includes various personality traits, decision-making styles, and psychological perspectives. I will refer to the opposite of perfectionism as anti-perfectionism, as I couldn’t find a better term. Terms for the Opposite of Perfectionism […]
Doctors: PSLF is Dead You might want to sit for this if you’re a physician relying on Public Service Loan Forgiveness to relieve your student debt. Although PSLF isn’t technically dead yet, recent policy changes and administrative turmoil have left […]
The Path of Human Vs Financial Capital Your total wealth increases over time as you work for money and your money works for you. Financial capital is low during the early stages of your career, while you […]
Getting Rich Vs. Staying Rich You get rich differently than you stay rich. Some get rich with concentration, and some stay rich with diversification. Concentration when you are young is your human capital. It can be your W-2 J.O.B. […]
Will AI Collapse Traditional Medical Specialties as We Know Them? I reflect on how dramatically medicine has changed during my career as an infectious disease physician. The most significant disruption may yet be to come. My prediction: Artificial intelligence […]
How Much do China, Mexico, and Canada Own? USD, Gold, Treasuries, and U.S. Equities Our frenemy trading partners—China, Mexico, and Canada—own U.S. dollars, treasuries, and equities. How much? Who owns more of the U.S. than the others? Let’s look […]
Like every other aspect of physician life, almost perfect is good enough Some of us strive for the optimal solution in retirement planning. But what if you cannot achieve that optimal solution and instead settle for reality? Let’s look at […]
Heisenberg’s Uncertainty? A footnote in a book alerted me that uncertainty may be better translated from German in Heisenberg’s Principle. Should it be Stock Market Indeterminacy? Or Stock Market Indeterminability? Let’s look at Stock Market Uncertainty and see if it, […]