by elmads “The more models we have, the better able we are to solve problems. But if we don’t have the models, we become the proverbial man with a hammer. To the man with a hammer, everything looks like a nail. If you only have one model, you will fit Read more
by elmads Introduction It might seem weird to see such a title for an article, because how can investing money teach us about life? when it mostly correlates with numbers, finances, money strategies, capital allocation and economics? Yet, there’s this one factor that most of us forget about this endeavour. Read more
by elmads DISCLAIMER 1: This is a work of fiction. Unless otherwise indicated, all the names, characters, businesses, places, events and incidents in this blog are either the product of the writer’s imagination or used in a fictitious manner. Any resemblance to actual persons, living or dead, or actual events Read more
by elmads This might be a confusing blog for my readers, because just recently, I posted a blog titled “Is the home we live in an investment?”, and I emphasized there that most homes can still be an investment, but its returns will most likely disappoint most people when compared Read more
by elmads Introduction This is a very controversial topic that has been talked about for decades. Two sides argue that a home you live in is not an investment, while the other side begs to differ. The actual confusion here comes from the main subject of this topic. What do Read more
by elmads Introduction In my previous blog “The Creation of Money Part 1” I’ve discussed two ways how money is created. One is to through “seigniorage” (Central bank printing money then the difference between the face value of money and the production costs which also becomes the income of the Read more
by elmads Introduction Have you ever wondered how money is created? Who makes the money, how does that new supply of money go to the economy and hopefully into our hands. There’s a lot of question, and a lot of complexities with it as well. We have a lot of Read more
by elmads Let’s be real, everyone needs money, it doesn’t matter what each and one of us believes at, everyone still needs money. You, your family, your relatives, your friends, your neighbours even the stranger you just saw a while ago needs money too. You might ask the questions how Read more
By elmads Introduction Think of this kind of life and be empathic about it, a life in which we are born into this world without any opportunity, coming into a life of poverty, no chance to even have the basic education. The only way to live is to work at Read more
By elmads Let’s face it, it is hard to understand how companies work, all of those stuffs about the financial statements, reports, earnings, company health, capital allocation and whatnot are overwhelming, not to mention the computation that comes with it. This is the reason why a few people will push Read more