I’ve posted Entry #272 to my weekly Valuation-Informed Indexing column at the Value Walk site. It’s called How a Visit to the Dentist Is Like a Visit to an Investing Analyst.
Juicy Excerpt: For a long time, most of the work done by humans was done in the physical realm. A time came when we learned to make machines and achieved great advances by enjoying the leverage that comes when an internal combustion engine does the pushing rather than our legs. We gained even more leverage when we entered the Information Age and developed ways to quickly spread knowledge of better ways to do things far and wide.
In the next stage we will learn together how to manage our emotions more effectively. We will retire earlier. And we will have better teeth!