Financial Fables

A Blog of Ely Prudent Portfolios

Grandma Gone Wild

“I bet that cost you a pretty penny,” I said with a grin. “No Daddy, it cost you a pretty penny,” my daughter replied with an even bigger grin. The object we were referring to was a very expensive double BOB stroller that had caught my eye in my daughter’s garage. It appears that, unbeknownst […]

A Brief History of Investing

Reading A Brief History of Time was like taking the red pill offered by Morpheus in the 1999 movie The Matrix. Having recently seen Stephen Hawkins’ obituary in The Economist, I was reminded of the impact his book had on my life. The reality of theoretical physics, as explained by Hawkins, is a different paradigm than […]

That’s Not the Beer Talking

“You have no respect for cognitive reverie, you know that?” At the time I saw the movie, A Beautiful Mind, I had no idea what ‘reverie’ meant. However, when John Nash’s roommate retorted, “Yes, but…I have enormous respect for…beer,” I got that. And so did the John Nash character, because it drew him out of […]