How Does a Stock Exchange Work?
A man asked a supermarket owner, “Who sets your prices?”. “Why of course I do,” the owner said, indignantly. “In that case, why don’t you double them?” the other man…
Bricks in a Wall
“The best time to plant a tree was twenty years ago. The second-best time is now.” Chinese proverb During my years as a long-distance runner, there have been many early…
I Made This
When a child sets out to create a picture for Mom with paint or crayons, the child does not form a focus group to solicit opinions on what to paint.…
Rise Above Your Ranking
The seemingly important decisions that we make as we begin our adult lives can often have little bearing on where our lives or careers end up decades later. The choices…
Get Comfortable With Risk
Lauren Juliff is a travel writer and has spent much of the last nine years chasing adventure around the world and writing about those adventures on her blog, neverendingfootsteps.com. She…
It Only Takes One
In today’s social media obsessed culture, many people have an incessant thirst for more and more likes, retweets, followers, mentions, and reposts. This constant quest for greater attention, exposure, and…
The Lessons of the Vanderbilts
“I AM NOT DYING!” came the thunderous retort from the Commodore in the upstairs bedroom. “The doctor says I will be well in a few days! And even if I…
What is Investing?
Saving money rather than spending it is surely the best way to grow wealth over time, whether you are a sixteen-year-old new-adult who has just secured a first job, or…
Will a Large National Debt Sink our Economic Ship?
A frequent question I hear from well-meaning investors is this: “Hey, I read that China owns U.S. government bonds worth $1 trillion and if they decided to dump them into…
Penalty Kicks and Investor Inaction
A penalty kick in soccer is one of the most exciting and impactful shots in all of sports. It’s goalie versus striker, one–on-one, winner-take-all. Taken from the penalty spot twelve…