In Old Babylon, there once lived a very rich man named Arkad. Far and wide, he was famed for his great wealth.
Discover how Blaise Pascal revolutionized probability theory using his iconic triangle and laid the foundations for modern financial decision-making.
Explore the concept of portfolio churning, its legal implications, and how it quietly affects high-turnover accounts across investors.
Learn why earning a Nobel Prize in Economics is among the toughest achievements, requiring groundbreaking ideas and decades of proven influence.
Discover how Christiaan Huygens pioneered modern probability theory with his groundbreaking expected value formula that shaped today's investing world.
Explore how crypto trading addiction mirrors gambling and why even smart investors may fall prey to its behavioral traps.
Learn about Fermat’s revolutionary approach to probability, his collaboration with Pascal, and how it shaped the future of mathematics and risk analysis.
If a game is interrupted halfway through, how do you fairly split the pot? Okay, we asked that in the last episode, but bear with me…
Having a good adviser makes sense not only for financial reasons, but psychological ones as well.
By 1655, word had spread through the mathematical circles of Paris that something remarkable had happened the previous summer.
At Index Fund Advisors, we view in-depth financial planning much like managing a complex medical treatment plan.
It’s the summer of 1654. Two mathematicians in France are exchanging letters about a gambling problem.