A dozen years ago, on my first day of business school, the professor stood at the board and illustrated a concept called “present value.” Truth be told, over my remaining time in school, I don’t think I learned anything more important than I learned in that first hour. It is, in my view, the single [...]
How not to waste time
Nikola Tesla was a brilliant inventor, with nearly 300 patents to his name. He also had some unique habits. Among them: Every night, before he sat for dinner, he would ask his waiter for a stack of 18 napkins. He would then use them to carefully wipe down his silverware. Even at the Waldorf Astoria [...]
13 Questions
In December of 1954, 23-year-old John Neff hitchhiked from Ohio to New York in search of work. A Navy veteran, Neff had recently graduated from college—near the top of his class—with a degree in finance. His hope: to land a job as a stockbroker. But despite these qualifications, Neff was turned down [...]
9 ways to gain perspective
A little while back, I found myself in an Uber, when the driver began to share his political views. Before too long, it became clear that his point of view was well outside the norm. For example, he explained that the Federal Reserve Bank is not a government entity, as most people believe. Rather, [...]
The SECURE Act
When political parties set aside partisan bickering and agree on an issue, it's worth taking note. Such was the case last week when the House of Representatives voted 417–3 in favor of a bill known as the SECURE Act. This legislation would represent the most significant set of changes to retirement [...]
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