Category: Misc.

The Four Laws of Success and Probability

Of course I believe in luck.  How otherwise to explain the success of those you dislike?  – Jean Cocteau, French writer and artist The most important questions of life are, for the most part, really only problems of probability.  – Pierre-Simon Maquis de Laplace, French mathematician & pioneer in the field of statistics Meeting Phil…

My Top 10 Posts of 2014

Here are links to my top 10 posts for 2014.  If you are a regular reader, thanks for your support and I hope I was able to help you improve your personal financial situation in 2014.  If you are not a regular reader, take a look at what you missed and join us for 2015.  There…

It All Started With a Handful of Powdered Drink Mix: Entrepreneurs See Opportunities Others Miss

My father, Kent Esplin, was an entrepreneur. The word wasn’t much in style in his day, and I never heard him refer to himself as an entrepreneur, or even say the word.  Nevertheless, my father was an entrepreneur.  He grew up in Southern Utah during the Great Depression. His family lost their sheep ranch near…

The Secret of Success (According to a Middle-Eastern Philosopher and an American Cartoonist)

The Philosopher and the Cartoonist The Middle-Eastern philosopher is Nassim Nicholas Taleb.  Taleb is a Lebanese-American author, academic, statistician, and philosopher.  He achieved riches in bond trading and fame from his best-selling books Fooled by Randomness and The Black Swan.  He is pretentious, overbearing, and arrogant.  He believes he has the world figured out and…

My Thanksgiving Post Was Selected for the Carnival of Personal Finance

I hope everyone is enjoying my posts, and more important, learning how to better manage your money.  I enjoy writing and am confident I have a lot of important and helpful information to share. My last post, Thanksgiving Thoughts on Gratitude and What it Means to Have Enough, was included as an “Editor’s Pick” in the “Carnival…