Money Wisdom

Grace Huang
3 min readDec 16, 2023

This is a list of lessons I’ve learned over time from books, confirmed by my experiences.


  • When interest rates change, interest-sensitive assets (Real Estate, Small Cap, banks)get repriced accordingly.
  • When the U.S. dollar is expensive, buy tech. (Gonzalez’s How to Make Money with Global Macro)
  • When rates are cut, Small Cap grows the fastest.
  • The U.S. holds the ultimate economic leverage over any other country.
  • Deflation is not a concern for America. (Volcker’s Keeping At It, Kurzweil’s The Singularity is Near)
  • Debt leads to growth in GDP (Vague’s The Paradox of Debt)
  • “Since land, building, and factories produce income, so money must yield interest.” (Chancellor’s The Price of Time)
  • The monetary policy can dictate whether you look smart or stupid afterward.


  • Sell spinoffs immediately; they often shed less profitable segments. (e.g. Reality Income, O)
  • For taxable accounts, prioritize high-growth stocks with fewer dividends. Modify infrequently. Tax-advantaged accounts allow frequent changes.
  • Exercise caution when P/E > 40. (Peter Lynch’s Beat the Street)
  • Tech grows exponentially like lily pads. (Kurzweil’s The Singularity is Near. Patterson’s Chaos King)
  • Be aware of things that grow exponentially in nature, like…



Grace Huang

I write about startups, entrepreneurship, investing, software, hardware and manufacturing.