Jerome Powell's confrontation with the Trump Administration over Fed independence mirrors historical tensions, emphasizing the need for central bank autonomy in economic policymaking.
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The author of the website Negative Convexity focuses on capital markets, financial history, and economics.
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The OBBBA may force the closure of numerous law schools by imposing strict earnings tests that fail to account for the bimodal distribution of legal salaries.
Rising Japanese bond yields are driven by inflation rather than fiscal concerns, as nominal GDP growth outpaces government debt, leading to a declining debt-to-GDP ratio.
The author analyzes recent speeches from FOMC members, highlighting a hawkish shift among regional Fed presidents who oppose rate cuts. Key takeaways include the regional presidents' concerns about persistent inflation due to tari...
The author analyzes the Shiller CAPE metric to understand the implications of current market valuations and concludes that investors should remain invested despite high levels of overvaluation.
The blog post discusses the current U.S. macroeconomic landscape as of August 18, 2025, highlighting key issues such as dollar depreciation, persistent trade deficits, a potentially dovish Federal Reserve, an inverted yield curve,...
This blog post discusses micromanagement as a toxic leadership behavior that undermines trust and confidence in the workplace. It defines micromanagement, provides examples of both overt and subtle forms, and explores the emotiona...
This blog post discusses the negative impact of aggressive leadership behaviors, particularly how unresolved anger can harm team performance. It explores the fight-or-flight response triggered by such behaviors, illustrating how t...
This blog post discusses the prevalence of dishonesty among leaders and its detrimental effects on workplace trust and morale. It identifies three specific forms of dishonest behavior: denial of truth, hypocrisy, and hidden confli...
The author reflects on their experience teaching a business case on Boeing, highlighting the company's internal cultural issues as a precursor to its financial troubles. They argue that leadership is a leading indicator of a compa...
The 2.7% CPI inflation rate is misleadingly low and poses ongoing challenges, especially for low-income households facing rising costs in essential goods and services.
This blog post discusses the concepts of accountability and responsibility in leadership, particularly focusing on the toxic behavior of scapegoating. It contrasts good leaders, who take responsibility for failures, with bad leade...
The blog post discusses the inevitability of making bad decisions and how randomness plays a role in our lives. It features insights from Tom Wiseman, chair of the Economics department at UT, who notes that a small percentage of s...
4.4Attention as Capital
2025-07-05 • productivity self-help mental health attention focus
The author reflects on the importance of managing attention as a limited resource, akin to financial capital. They discuss how attention is often squandered on entertainment, emotional coping, and lack of prioritization, leading t...
The text discusses the concept of 'signaling' wealth versus actually possessing it, drawing on Andrea Grimes' article about young men who display wealth to attract women. It argues that while signaling is necessary, it becomes pro...
The post discusses the concept of realistic financial goals through the lens of personal perception and social environment. It uses the example of a woman named Beatrice, who feels her financial aspirations are unrealistic due to ...
The text discusses the emotional and cognitive aspects of investing and finance, and how practice and repetition can help in mastering the systems. It also talks about the development of emotional detachment and becoming machine-l...
The text discusses the emotional undercurrents that make investing hard and the systems that can be used to protect oneself from these emotional undercurrents. It includes a personal story of a portfolio manager who lost a large s...
Investing is a difficult emotional endeavor, as it involves being wrong, feeling constant reminders of mistakes, and facing public scrutiny. The emotional toll of investing is unavoidable, and it can lead to rash decisions. The te...
The text discusses the impact of AI on creative work and the human desire for shortcuts. It emphasizes the importance of effort and time spent in developing expertise, and the use of AI as leverage for creative work.
The text discusses the difference between junior and senior levels in professional hierarchies, focusing on the shift from technical proficiency to emotional intelligence. It emphasizes the need to develop skills and attributes re...
0Copy First, Create Later
2025-05-16 • creativity learning empathy fear tracing
The text discusses the concept of tracing as a learning tool, using the example of a student who learned to paint by copying others' work. It explores how tracing can help overcome fear and lead to original creativity.
The text discusses the emotional barriers to learning and how to overcome them. It explores the feelings of overwhelm and shutdown during the learning process and provides antidotes to these negative emotions.
The text is about a student named Jake who received a rejection letter from a firm he was interviewing with and was advised to not give up. The author shares his own experience of finding a job after graduation and gives advice on...