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Money is fungible: a dollar in your right pocket is the same as a dollar in your left pocket. But of course it’s not that simple: The money you receive from your job feels different–it IS different–than money you receive as an inheritance from your mom. Money you give away is different than money you…
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Such is the headline of this Wall Street Journal article, and the content of a number of quotes inside it. This is not just a function of the people interviewed in the article who make more than than $400k as a household annually. Indeed, almost no one thinks of themselves as rich, and it has…
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“You have bits and pieces that you remember. And especially on homers, I have flashbacks of certain aspects of it, but there’s a lot of ’em I don’t even remember what happened. It’s kind of crazy. It sucks. I wish I remembered.” Corey Seager Deep within a recent article on the baseball-hitting savant Corey Seager,…
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An increase in the diagnosis of a particular problem is not the same thing as an increase in the actual incidence of that problem, but that’s hard to come to terms with in real time. A related truth is that, as my physical therapist says, just the act of getting an MRI dramatically increases the…
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Nothing you do with your money can validate your existence, and that is because your existence does not need validating. What you do with your money matters, in many important ways, but you must remember as you walk those ways that you are made in the image of God. This goes well beyond validation!! You…
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I heard Thierry Henry say on a podcast that “as an athlete, you die when you stop playing…and no one teaches you how to die.” When your entire life is wrapped up in a thing and that thing goes away, then necessarily some meaningful part of your life will follow it. Henry had to learn…
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As a charity gets to a certain scale, you will inevitably find some person or persons there whose work consists entirely of “donor relations” or some such moniker. And these people will reach out to the donors who write the biggest checks (in absolute dollar terms) and generally wine and dine them. Not always literally…
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It is not clear to me what an economically well-ordered life looks like for a Christian in the West. I suspect that obedience to Jesus in our pecuniary affairs looks significantly more radical than what we have grown accustomed to, but as far as I can tell there is no neat prescription for how to…
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Sometimes the height of wisdom is simply knowing when to stop doing too much of a good thing. To know that it is possible to over-optimize, and to resist the temptation to do so. You will not find this wisdom in a spreadsheet, or a chart, or an account balance. The combined powers of CNBC,…
Meaningful Returns 