Taking Care of the Future You

Angela Chen wrote an interesting piece in the January 1 edition of the Wall Street Journal on decision making. According to University of Toronto psychologist Keith Stanovich, very smart people often make irrational decisions.  Why? According to researchers it is that...

Is college worth it? It depends on who you ask!

I graduated from college in 1973. That was the era of the Arab oil embargo, runaway inflation and the resignation of Richard Nixon. President Nixon had just recently enacted federal wage and price controls and President Ford would soon come along with his WIN buttons....

The Deception of Markets

Imagine that you were given two tickets on the 50 yard line at the biggest game of the year for the New England Patriots. After finding your seat you position yourself comfortably facing the scoreboard and fix your gaze on it for the next 3 hours, rather than watching...