Strictly Business: How Emotions Screw Up Your Investments

Why do many competent, smart people make mistakes with their investments? It turns out that their feelings have been hurt, or they’re trying to save face, or they’re cocky enough to think they’re faster and smarter than the masses. Basically, they get emotional.

The Great Recession: Is “Great” the Right Word?

Sometimes, an adjective seems inappropriate. Take “great.” It seems both overused and misused. Wayne Gretzky? No doubt about it: GREAT. Alexander the Great? Sure. Muhammad Ali? The Greatest. But plagues, wars, floods, depressions, economic panics, riots, and recessions? If any of these things are occurring, the situation seems less than …

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