Financial Misconduct and Other People’s Money

Financial Misconduct and Other People’s Money

Other People’s Money: Beware of Financial Misconduct  By Bob  || September 13, 2026 The Principal-Agent Problem There is an old problem in finance that has a simple name: other people’s money.  When you manage your own money, you receive the...
The Power of the Marginal Dollar

The Power of the Marginal Dollar

The Power of the Marginal Dollar By Bob  || July 17, 2026 Gifts and Marginal Dollars Have you ever received a gift of money from a relative with instructions to use it for a particular purchase? Perhaps a grandparent gave you money for a computer or a parent helped...
Traveling back in time with my Dad

Traveling back in time with my Dad

91 Years Later  By Bob Peters || April 14, 2026 Happy Birthday Dad My dad turns 91 in a few days, and I thought it might be nice to write a post recognizing this milestone. Besides lunch at one of his favorite spots, Toby’s in Coupeville, and a visit with family, we...
Sunk Costs: Know when to hold’em, know when to fold’em

Sunk Costs: Know when to hold’em, know when to fold’em

Sunk cost: Know when to hold’em, know when to fold’em By Bob  || December 7, 2025 The Thinking Game I have been thinking about the topic of sunk costs for a while, but my inspiration for writing this blog came after watching a wonderful documentary, The...