Whatever thoughts I had on President Trump previously have been replaced with sheer disgust.
On Saturday hundreds of white nationalists, alt-righters, and neo-Nazis traveled to Charlottesville, Virginia to participate in the “Unite the Right” rally.Charlottesville Nazi neo news police Saturday thoughts tonight vice Virginia
Figure 1 shows why.
Overall, these factors have combined to hold down growth in the median weekly earnings measure by a little under 2 percentage points (Figure 2), a sizable effect relative to the normal expected gains.Bart Hobijn Daly employment full time growth labor Mary wage wage growth workers
Matt Wallaert is on a mission to create a ‘Chief Behavioral Officer’ officer as a standard C-Suite position within corporate America.
Wallaert is a behavioral psychologist and entrepreneur who began his tech career building the finance start-up Thrive (it was eventually purchased by LendingTree).behavioral equity eventually including officer start tech up Ventures Wallaert
A recent column in the Washington Post – Consumer debt is at a record high.
Putting aside the myriad issues that caused the financial crisis — the column seems to want to lay the blame at the feet of consumers and their debt [BR here: the author discusses importance of having a cash cushion but failed to discuss the resetting teaser rates of the 2/28 type loans; after 24 months, they reset, sending amount needed to service the debt skyrocketing]; we see that this particular metric peaked at 13.2% in the fourth quarter of 2007, collapsed throughout and well beyond the recession, and now sits at just under 10%, where it’s been for some time, and which is a multi-decade low.BR column consumer context crisis debt household income learned record
My father died when I was a senior in high school so I had to pass up the chance for a scholarship to college to work in Wall Street to help support the family.
The things I learned in the saloons were not the same things you learn in places like the Sloan School of Management – usually they were better.Cuban drink jack learn learned lesson Missile saloon school things
It might seem like there’s more news about electric cars than actual electric cars on the road. Automakers are pouring billions into an electric future but these ambitious plans present a jarring contrast to what’s actually happening today in showrooms.actual ambitious Automakers billions cars electric future news pouring road
The rise of passive investing, which its advocates prefer to call low-cost investing , is the most dominant trend in the markets during the past decade.
Today, we shall apply Charlie Munger’s aphorism of “invert, always invert” to the active-versus-passive management debate.active beat COST investing investors management market passive portfolio stock