I was recently revisiting Morgan Housel’s insightful book, The Psychology of Money. In one chapter, he recounts working as a valet when he was younger. He got to park expensive cars—Ferraris, Lamborghinis, Rolls-Royces—for people far wealthier than himself. He wanted a car like that someday....
On Oct. 10, 2025, global markets plunged after United States (US) President Donald Trump announced he would impose an additional 100-percent tariff on goods from China. The reaction was immediate and violent, particularly in the cryptocurrency market, which suffered its largest liquidation event...
Global political tensions are on the rise in the Middle East. Many investors are tempted to quickly sell their portfolios in response to recent news, and while this reaction seems reasonable, it likely won 't be profitable. Let 's look at a local example to understand why you should be...
Here’s a riddle that checks how well you understand the mathematics of growth. Let’s say we have a pond with a single lily pad. It’s a special lily pad that grows very fast, doubling in size every day. It’s expected that on the 30th day, the pond will be fully covered by this lily pad. ...
Growing up, my mom was strict. We had no junk food or soft drinks at home, weren’t allowed to play video games on weekdays, and our TV time was rationed. When I wanted weekday fun, I’d have to sneak out, take the elevator down from our condo unit, and play games with a classmate in another unit...
In Casino Royale (2006), one of the film's most gripping scenes unfolds as James Bond faces off against the antagonist Le Chiffre at a poker table, with tens of millions of dollars at stake. Bond finds himself at the final table in a high-stakes game where more than just chips are on the...
Lately, my friends have been buzzing about algorithmic and AI trading, how it's now within reach for pretty much anyone. They're convinced these mathematical models guarantee killer returns, all thanks to their precision and, you know, sheer complexity. Now, that sounds good on paper, but I'm...
I often find myself chatting with friends who are totally puzzled by how I spend my money. I'm rocking ₱60 gym shirts, the ones I snagged off Lazada five years ago. I only buy shoes when my current pairs bite the dust, and I upgrade my phone like, once every seven years. My friends just don't...
In 2014, my aunt got what seemed like a golden stock tip from a friend in finance: a rumor that a small Philippine Stock Exchange company would be bought out by a bigger firm, for way more than its current market price. The urgency? Real. "This thing's gonna skyrocket, for sure! Look at that chart!...
In November 2022, OpenAI launched ChatGPT, forever altering the technological landscape. Within two months, it garnered 100 million monthly active users, becoming the fastest-growing consumer application in history at that point. This cemented OpenAI's position as a leading force in artificial...
I once heard this fascinating fictional tale about the power of compounding. A long time ago in India, a wise man presented a new game to a king. The game was played by taking turns moving various pieces on an eight-by-eight board. It was a masterpiece of strategy and mathematics, and the king...
During the Covid-19 lockdowns in the latter half of 2020, thousands of Filipinos found themselves making more money than their day jobs by playing a video game. The game was Axie Infinity (Axie), an online play-to-earn game that offered a glimmer of hope during tough economic times. In Axie,...
