During the offseason, prior to the 2002 Major League Baseball season, the Oakland Athletics lost three top talents to free agency. On top of that, as a small market franchise with a very low budget for payroll, they could not match the buying power of big city clubs. …

Enlightenment icon Sir Francis Bacon said it well, “Nature, to be commanded, must be obeyed.” Upon closer examination, this applies to the laws of nature and to human nature — the natural world is precise, and its laws can be understood through willful intent. …

During the 20th century’s progressive rock era, the Canadian power trio Rush released their album titled 2112. It was 1976, and its lyrics belong to Neal Peart, whose spirit left us on January 7, 2020. …

The very existence of FTX (CEO Sam Bankman-Fried) is the effect of a social disease. We live in a society whose dominant morality is altruism and whose metaphysical beliefs are malevolent. In the world of finance, this means heavy regulation. In turn, that incentivizes methods for evading regulation. Having the…

In November 2018, the Poetic Justice Warrior series of articles was launched by recognizing the classical economist who coined the term ‘entrepreneur.’ That was Jean-Baptiste Say, the father of Say’s Law of Markets, as published in his 1821 A Treatise on Political Economy. Say’s Treatise is arguably the root of…

An eBook Review and Discourse — Successful entrepreneurs do three things well: they meet the needs of their clients, have products that are easy to use, and they are reliable. Lying as a Way of Life: Corruption and Collectivism Coming of Age in America by Alexandra York is all of that. …

According to the Corporate Finance Institute, Behavioral Finance Theory is based on the premise that individual investors commit errors of knowledge, make emotional decisions, and are influenced by social pressure. They also claim that Traditional Finance Theory is based on rational markets and investors, that neither are confused by errors…

An internet search for April 17, 2007 at onthisday.com reveals that nothing happened. Certainly, nothing as significant as a Black Swan event. Or did it? A Black Swan is an impossible to predict event that had a massive impact. Impossible because it had never happened (so it seems), and yet…

The 1980 US Olympic Committee expected coach Herb Brooks to select players based on the traditional methods. Their plan was to invite a large group of the best college hockey talent in America (according to committee consensus) to a tryout. This routine is similar to testing individual investors with risk…