Category Archives: Economics

A Look into Africa

A recent piece by Daniel Knowles in The Economist titled “Business in Africa: 1.2 Billion Opportunities” discusses how the commodity boom may be over but there are many opportunities. He explores whether Africa is a continent that is “rising at … Continue Reading

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Brexit Follow-up

They say a picture is worth a thousand words. In this case, I’d argue that your financial future rides on appreciating the following two drawings by author and Behavior Gap founder Carl Richards. The first illustration illustrates how may investors behave … Continue Reading

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The Brexit Surprise

When you least expect it, expect it. I seem to remember that line from a1970s sitcom. Perhaps it was an older brother promising revenge on a younger sibling? In any case, as it turns out, those cautionary words aptly describe … Continue Reading

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Warren Buffett Speaks

When Warren Buffett, the world’s most famous investor, and his number two man Charlie Munger speak, people listen. And this year, more people than ever could listen in because, for the first time, Berkshire Hathaway’s (Berkshire) annual meeting was livestreamed. … Continue Reading

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Goldfish, Attention Spans and the Stock Market

A recent Microsoft study caught my attention. Highlighting the smart phone-induced deteriorating attention span of humans, it found our average attention span has fallen from 12 seconds in 2000 to eight seconds. Meanwhile, goldfish are believed to have an attention … Continue Reading

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Investment Actions after Last Week’s News

Investors in today’s volatile market would do well to heed the advice parents give to their children when a minor brouhaha erupts with their friends: Stay clear of the drama. Mind your own business. Worry about yourself. They will come … Continue Reading

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Last Week’s Decision to Raise Interest Rates

On December 16th, as widely expected, the Federal Open Market Committee decided to raise the target range for the federal funds rate by 1/4 percentage point, raising it from 1/4 to 1/2 percent. This was the first rate increase in … Continue Reading

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Inherited or Self-Made Wealth Statistics

With the holidays fast approaching, here are a few interesting statistics to spark conversation at gatherings. First, you’ve likely heard that wealth comes from hard work. However, of the richest people in each nation, 52% inherited their wealth, as shown … Continue Reading

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How Do You Define Productivity?

Take a look at the chart below and you’d come to the conclusion that something is very wrong with our nation’s productivity. That’s especially true when you take a look at the second chart that illustrates that our work days … Continue Reading

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The Greek Tragedy and You

As Greece teetered on the brink of financial collapse, Eurozone leaders agreed to give the country up to $96 billion in fresh bailout loans as long as the government of Prime Minister Alexis Tsipras manages to implement a round of … Continue Reading

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