Math is precise, but numbers can be easily influenced. That’s why the single secret to successful investing is understanding how you’ll react to Mr. Market’s mood swings…
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In George Orwell’s dystopian novel 1984, “Ignorance is Strength.” And most academics and journalists are similarly controlling how our kids think about capitalism…
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When somebody does you wrong, it’s not easy fighting the urge to hold a grudge. And fighting that urge is almost as hard when it comes to Russia. But here’s why you should…
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Most Americans believe that self-reliance, hard work and tenacity are the keys to prosperity. But the freedom to act, say and do what you want shouldn’t mean “go it alone…”
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Fifty-one percent of millennials do not support capitalism – 51%! In a follow-up to Friday’s column, it’s clear Steven Pinker’s new book needs to “enlighten” some summer reading lists…
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Alex believes Steven Pinker’s new book is a tour de force that should upend mainstream distortions about how bad things are. And over his next few columns, he’ll explain why…
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Yale’s endowment fund is $25 billion; Harvard’s is $36 billion. It’s a failure of Ivy League proportions – not because Yale has less, but because they could have had more…
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What do an old Soviet transport helicopter, Princess Diana and the MSCI Emerging Markets Index have in common? They fit into a tale about what the market feels like before a crash…
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Two great allies… Two stupid moves… in less than two years. They’re both doomed (or so the story went). But Britain (and the U.S., debatably) has come a long way, baby…
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The single most important rule of trading is also probably the simplest and smartest… And one the greatest investing minds trained themselves to stick to.