In Case of Emergency

I spent last weekend at the Greenbrier Resort, the location of my annual CEO Roundtable retreat this year.  A historic landmark nestled in the Allegheny Mountain foothills near White Sulphur Springs, West Virginia, it offers horseback riding, skeet shooting and other activities.  But the most unusual offering is a tour of the Super Walmart-size bunker that was built underneath it during the Cold War, to house Congress in the event of a nuclear attack. Code named Project Greek Island, it was completed in 1961 under the guise of adding a convention exhibition hall and… [read more]
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Ice Cream Causes Drowning

(or, The Importance of Critical Thinking) There is no doubt that the age of big data is upon us.  While most agree we’re in the very early stages of realizing its potential, we are now able to capture and crunch vast amounts of information in order to learn all kinds of things about ourselves and our world. While listening to a recent episode of the TED Radio Hour podcast on the “Big Data Revolution,” I was reminded of the power of big data and the impact this will continue to have on the… [read more]
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We are Not Homo Economicus

I want to introduce you to a species of human you’ve probably never heard of before: Homo economicus. If there was a perfect investor, Homo economicus would be it. He knows everything there is to know about every company, country and market. He is motivated by self-interest and isn’t swayed by the needs of others. Best of all he always acts rationally. Choices are simple for Homo economicus. When faced with how best to achieve a goal, he would calculate the optimal path and follow it without deviation, hesitation or regret. The complete absence of… [read more]
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4 Ways To Prevent Boomerang Kids From Delaying Retirement

(from Kira Brecht‘s TDAmeritrade’s Ticker Tape blog posted August 15, 2016.  Find original post here.  Kira is a veteran, Chicago-based journalist specializing in personal finance, investor education, commodity markets and technical analysis.  Follow Kira @KiraBrecht.) Has your empty nest filled back up? You aren’t alone. A recent Pew study showed that for the first time in 130 years, young adults ages 18 to 34 were more likely to live in their parents’ home than with a spouse or partner in their own household. Blame it on the still-sluggish economy, stagnant wage growth,… [read more]
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