In August of 2004, Silicon Valley venture capitalist Peter Thiel sat down to listen to a pitch from a 20-year-old entrepreneur named Mark Zuckerberg. It didn't take long for Thiel to make up his mind. According to most accounts, they met in the morning and, after a short break for lunch, Thiel [...]
Protecting yourself
Through the course of life, there are some anniversaries that we enjoy celebrating. And then there are others that we'd just as soon forget. Last week the investment world celebrated one of the latter sort: the thirtieth anniversary of the stock market crash of 1987. It is worth remembering however, [...]
Protecting yourself from the unexpected and the unexplained
Through the course of life, there are some anniversaries that we enjoy celebrating. And then there are others that we'd just as soon forget. Last week the investment world celebrated one of the latter sort: the thirtieth anniversary of the stock market crash of 1987. It is worth remembering however, [...]
Hammer time
I have to confess that I've never been a big fan of Victorian-era, long, plodding novels. However, Charles Dickens's David Copperfield, published in 1850, contains a piece of timeless wisdom that I'd like to share with you. The book's central character is named Wilkins Micawber. A man with a [...]
Misbehaving
When someone titles their memoir Misbehaving, you know it's going to be interesting. And, as it turns out, it can also help you win a Nobel Prize. Such was the case this week when Richard Thaler, an economist at the University of Chicago, won the prize in economics. As you may know, Thaler helped [...]
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