It’s a blog.
It’s educational.
It’s hopefully entertaining.
It’s not investment advice.
I write about how to think about investing for value.
The Treachery of Profit
How did the surrealist movement in the early 20th century influence modern accounting? Why does counting bits and pieces matter? How to find an economic profit from an accounting one.
Is It Cake?
What makes a good illusion cake? What do illusion cakes have to do with investing? How to think about companies that lose money as investments.