Giffen Good

Is Bitcoin a Giffen Good? A Controversial Deep Dive

Most things in economics follow a simple rule. When the price goes up, people buy less. When the price drops, people buy more. This is the law of demand, and it is so foundational that questioning it feels almost rude. Like asking if gravity takes weekends off. But there is a strange exception buried in […]

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Why Value Investors Should Study the Potato Famine

Growth vs Value, Behavioral Finance, Giffen Good

There is a strange little corner of economics that almost nobody talks about at dinner parties, and for good reason. It involves dead Irish peasants, a Scottish statistician with an unfortunate mustache, and a curve on a graph that refuses to behave. It is called the Giffen good, and if you are a value investor,

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We are a group of individuals interested in adding an intellectual layer around the topic of finance to introduce new, interesting, and useful angles to look at the financial topics you might be already familiar with. None of the ideas are financial advice.