simonreed
Why log returns
Re:What I’m Teaching my Son about Money
on Saturday May 23, 2015 @03:21AM (#9592243)
It comes from inflation. Purchasing power of $1mm in 10 years time will be probably the same as 500k today.
The investment works because in 10 years time you own bigger chunk of the asset (Mostly due to inflation but also debt repayment from rent).
Buddhist Reflections on Death (1994)
Re:Ask HN: The “I want to do everything but end up doing nothing” dilemma
on Saturday February 14, 2015 @09:15AM (#9049670)
Stop whatever you're doing now and read this book: "The Practicing Mind: Developing Focus and Discipline in Your Life - Master Any Skill or Challenge by Learning to Love the Process" by Thomas M. Sterner.
The Theory of the Leisure Class
The Practicing Mind: Developing Focus and Discipline in Your Life
Regression Analysis: How Do I Interpret R-squared? (2013)
Personal Finance Wisdom
The Dark Side of Early Retirement
The Curse of Making Too Much Money and Not Pursuing Your Dreams
Happiness Revisited: A Household Income of $75K?
Re:Just how much is that 2% really worth?
on Friday July 04, 2014 @05:03PM (#7990204)
>If you want to make millions in software, get a job writing code at a bank and invest your salary.
This is actually a very good piece of advice.
Warren Buffett: my perfect pension portfolio
Simple Machine Learning Example
Aerobic exercise improves brain, cognition, and cardiovascular fitness in aging
More About Unicode in Python 2 and 3
Flash . . . or Fiction?
The End of Apple-Google No-Poaching Pacts
A gallery of interesting IPython Notebooks
Understanding the “Flash Crash”
Luigi – Batch Data Processing in Python
How The Economic Machine Works by Ray Dalio
Re:Ask HN: How do you earn your money?
on Saturday March 22, 2014 @02:18PM (#7450176)
Yes, I'm afraid both of your points are true.
Re:Ask HN: How do you earn your money?
on Saturday March 22, 2014 @01:46PM (#7450048)
I work as a software developer in an investment bank. In finance you can earn much more than £30,000 per year.