Money, Examined
12 interactive papers on household financial decisions. Each separates accounting identities, measured evidence, and model output, and says where the answer depends on the household. Numbered in order of publication; read in any order.
The arithmetic
What costs, diversification, payout labels, and betting margins do to outcomes.
- 01
- 02
- 03
- 07
The House Percentage
What does the vig take, and how sharp do you have to be to clear it?
Reviewed August 2026
Household decisions
The arithmetic applied to a decision with taxes, rules, and a family in it.
- 06
The Employer Stock Transition Guide
How should a household price the decision to diversify employer stock?
Reviewed August 2026
- 10
The SWAN Number
How much liquidity buys resilience without giving up too much compounding?
Reviewed September 2026
- 11
The Price of Advice
When can behavioral help and planning justify the price of an adviser?
Reviewed September 2026
- 12
Before 59½
How can retirement accounts support an early retirement before age 59½?
Reviewed September 2026
Reviews and essays
Claims tested against evidence, a field guide to Bitcoin, and an essay on what money is for.
- 04
- 05
Closed-End Funds as Retirement Income
What does an income-first closed-end-fund strategy establish?
Reviewed August 2026
- 08
- 09
The Bearer Asset: Bitcoin, Crypto, and the Price of Control
What can a non-sovereign asset be worth when it pays no cash flow?
Reviewed August 2026
How the papers are built
Accounting identities, measured evidence, and model output are labeled separately. Each model names its assumptions and the cases it leaves out. Citations and review dates let readers check the evidence behind a claim.
Scope
Independent educational research, not individualized investment, tax, legal, or accounting advice. Models depend on stated assumptions and are not forecasts.