I was today years old when I learned of the “Merton Share” framework for investment & spending 💰🧐:
“How Much Happiness Does Money Buy?” [2024], The Economist (https://www.economist.com/christmas-specials/2024/12/19/how-much-happiness-does-money-buy or https://archive.is/P5Cu7).
The #book:
“The Missing Billionaires” [2023], by James White & Victor Haghani (https://en.wikipedia.org/wiki/The_Missing_Billionaires)
seeks to popularize the #MertonShare.
A #review in The Economist:
“How To Avoid A Common Investment Mistake” [2023] (https://www.economist.com/finance-and-economics/2023/09/21/how-to-avoid-a-common-investment-mistake or https://archive.is/W1IlG).
रञ्जित (Ranjit Mathew)