Stocks, we have been told again and again through the years, are the best long-term investment. Prices go up and they go down, but give stocks enough time and they deliver returns that trounce those of bonds, real estate, commodities or any other asset class.
Ha! you say. Have you checked your 401(k) balance lately? So can stocks possibly still be the best long-run investment? Somewhat … [ Read more ]
Content: Article | Author: Justin Fox | Source: TIME | Subject: Finance
“Shadowed by peril as we are, you would think we’d get pretty good at distinguishing the risks likeliest to do us in from the ones that are statistical long shots. But you would be wrong.” Despite its misleading title, this article explores the human (not just American) tendency to get calculations of risk wrong.
Content: Article | Author: Jeffrey Kluger | Source: TIME | Subjects: Organizational Behavior, Risk Management
We pride ourselves on being the only species that understands the concept of risk, yet we have a confounding habit of worrying about mere possibilities while ignoring probabilities, building barricades against perceived dangers while leaving ourselves exposed to real ones.
Content: Quotation | Source: TIME | Subjects: Decision Making, Risk Management
Microsoft’s Chairman predicts only mangers who master the digital universe will gain competitive advantage
Content: Article | Source: TIME | Subjects: Management, Organizational Behavior