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by Erik Conley
Thomas Bayes(1701-1761) was an English statistician, philosopher and Presbyterian minister who is known for formulating a specific case of the theorem that bears his name: Bayes' theorem. His contributions to math, probability, and ...
by Erik Conley
Tracking Your True Annual Return on Investments: Beyond Simple Percentage Gains Most investors focus on the wrong number when evaluating their investment performance. They either take their broker’s number (which is usually the ...
by Erik Conley
Who Is The Greater Fool? To put it in the crudest of terms, a greater fool is someone who is dumber than you. At the poker table, if you can’t figure out who ...
by Erik Conley
The Truth is Out There Truth is essential in investing. Truth is the opposite of spin. Spin simply means bending the facts to fit a particular point of view or popular narrative. This ...
by Erik Conley
The Five Levels of Investing Competence I came across a paper, written in 1980, that laid out the five stages of mental activities involved in the acquisition of competence as it relates to ...
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