T’is the time of year when the financial media outlets — both lay and professional — are chock-full of stories about what 2014 will bring. Should you listen to them? I’ll start off with a blanket response to that question of nyet, and soften it only if you promise to […]
I am a student of scale — a collector of scale-tales. It all began decades ago with the wonderful book The Seven Mysteries of Life, by Guy Murchie, a life’s-work sort of undertaking for him, full of interesting notions interspersed with the author’s cute drawings and beginning with a chapter […]
After yesterday’s post on violence, and a friend’s comment about it, how about we now feast on something compelling and uplifting? Yes: how about something more on the bright side of life? * * * Let’s start with the stock market: it’s doubled since March 9, 2009. So, if you’ve […]
Investing, I’ve been known to say, is not, for most people, the key to financial health — probably not even in the Top 5 determinants of financial health (briefly: Numero Uno is savings rate, Numero Dos is making-a-living happiness, Numero Tres is having a feeling of currently being in control, Numero Cuatro is […]
Recently we’ve been exposed to a great example of the difference between business-people and financiers, in the guise of a clearly successful financier asserting, quite a bit more broadly, that he was a clearly successful business-person. I speak, of course, of Mitt Romney, private equity hero, repeatedly asserting that he […]