Five Easy Theses: Commonsense Solutions to America's Greatest Economic Challenges (James M. Stone, 2016)

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  • “You can’t outrun a hungry bear.” “But I only need to outrun you.”
  • Domicile - treating a specific country as permanent home
  • Taxes on inheritance will remove the advantages by trust
  • Parsimony - strongly unwilling to spend money and resources
  • Hedge fund - unregulated fund
  • Derivatives - zero-sum investments by nature
  • Bailout - taking over a position and the debtor owe another creditor


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