This blog is about looking at possible futures, not necessarily profiting from them. But of course, who doesn’t want to do that if they can? It’s not just about short-term profit, it’s about building a nest egg which is your personal resilience against whatever events the future holds. A nest egg is also about your personal choice to defer some happiness now for the possibility of greater happiness later.

This book looks promising to me. The author breaks risks into “inflation, deflation, confiscation, and devastation”. I haven’t read the book, but presumably he offers portfolio suggestions to deal with these risks.

Since I’m on personal finance today, here is a grab bag of other related topics and links.

One thing everyone can and should do right away is minimize how much the financial industry steals from us in the form of fees. Index funds are one way to do this. The case to go all-index is incredibly strong, but in case you don’t want to take my word for it, Vanguard makes the case every year. If you are the type to dig into numbers yourself, S&P has a free online data set here. Finally, this Economist column mentions a number of smaller startup companies that are providing some competition to the big banks and their ridiculous fees. Among them is TransferWise which says it allows people to transfer money abroad much cheaper than they have been able to in the past. I haven’t tried it yet.