insurance
what is the most important thing to insure?
The answer to this question depends on what your financial worst case scenario really is.
If you are single without dependants and you work for a living, then the worst thing that could happen is that you become completely unable to work. In this case the most important thing to insure is your income.
If you are [...]
insurance is important
Recently many parts of England have been affected by flooding. Many people have had to be evacuated from their homes.
I was watching the news the other day where they did a report on some of the afflicted returning to their homes and surveying the damage. I honestly felt for these people as pretty much all [...]
randomness and insurance
I’ve recently been thinking about randomness. I like randomness in general, but this has been prompted in particular by my reading of Fooled by Randomness by Nassem Nicholas Taleb. The message (?) that I got from the book was that randomness plays a massive part in the ability of traders to make money. That is [...]
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