Author Archives: The Escape Artist

The Elephant and The Rider

If you think that everyone uses logic for important decisions, you’re setting yourself up for a lifetime of confusion. Sure, we like to think of ourselves as logical creatures. But a quick look at history, evolution and physiology reveals this to be incomplete at best, misleading at worst. Consider the evolution of the human mind. We […]

Now That’s What I Call Financial Independence! 23

First they said it was a fraud. Then they said it was stolen from them. Then they went to The Supreme Court and demanded a recount. So we re-counted and had the results independently verified. And it really is Now! 23 Yes, that’s right…The Escape Artist is back to review more classic songs about financial independence in […]

There is no such thing as 100% safety, there are only trade-offs

Like many other people, I get emails. One thing I noticed about these emails in 2020/21 is that many of them ask whether I am “staying safe”? Sadly not…I have been involved in that dangerous activity called “life”. Scientific studies show that 100% of lives end in death. Perspective At primary school we learned about […]

Apply own oxygen mask before helping others (Part 2)

This post was first published in 2016 and updated in January 2021 Do you remember those health & safety briefings on aeroplanes just before take off? The ones where they told you to put your own oxygen mask on before helping the people around you? I was reminded of this reading How to Fail at Almost […]

Get Rich Slowly, Get Started Quickly

Getting rich slowly is the safest way. Getting rich slowly is the most reliable way. It may be the only realistic way. Waiting to win the lottery is waiting to be chosen by a universe that’s indifferent to our existence. Day trading only makes the banks and brokers rich. Working at a startup is much better […]

It’s Good to Talk (Part 2)

In It’s Good To Talk (Part 1) I explored what I learned in therapy (on the counselling courses I did at college last year). It’s good to talk but I’ve noticed that people often steer clear of talking about money…even though it has such an important role in our lives. Why the historic taboo around […]

Choosing a global equities tracker fund

The financial media and the financial services industries bombard us with marketing, jargon, junk data and misinformation. The result is that people new to investing who need to make a sensible fund choice in their workplace pension or their stocks & shares ISA get overwhelmed with information overload…leading to confusion and procrastination. With interest rates […]

Billionaire Librarians

Today we have some wise words from Alan Donegan, founder of The Pop Up Business School which runs free classes on how to start / grow a small business. You could apply his advice to starting investing, starting a business, getting fit…or anything really. Enjoy! If the answer was more information, then all librarians would be billionaires.  Librarians have access […]

The 3 Flavours of Investment Risk

This post was first published in September 2019 and updated in December 2020. Most people think that investing in the stockmarket is dangerous. This is not really true. Catching Ebola is dangerous. Juggling chainsaws is dangerous. The stockmarket just contains some risks that you need to know about. And if you buy and hold a […]

The Aggregation of Marginal Gains (Part 2)

The key insight from The Aggregation of Marginal Gains (Part 1) is that every little helps. The little things, if done better, all add up to create great results over time. If you can make lots of small improvements in different areas, they all add up to the sort of world-class performance that wins you a long […]