At a party the other day, I walked right into the middle of a debate about the effectiveness of the Fed’s monetary policy. It must have been Karma’s payback for something terrible I’d done, but before my margarita and I knew it, we were drawn into the fray with no[…] Read On
Our culture idolizes entrepreneurs — hoisting them up on impossibly high pedestals and demonizing them when they inevitably fall from grace. That dysfunctional dichotomy says more about our childish attitudes toward business leaders than it does about them. Last year, famed rapper and entrepreneur 50 Cent filed for Chapter 11 bankruptcy after making more than $100 million[…] Read On
If you’re wondering what to make of the global panic over the UK’s vote to leave the European Union, aka Brexit, first understand that the referendum is not binding. It’s up to the British prime minister to invoke Article 50 of the Lisbon Treaty (voluntary withdrawal from the EU), and since[…] Read On
When a stock has plummeted and looks like a bargain, wise investors know that it might turn out to be a falling knife. For obvious reasons, you don’t want to try to catch it. The “falling knife” metaphor relates to lots of things in life, from trying to “fix” a partner[…] Read On
Less than 11 months ago, I watched Donald Trump announce his candidacy and wrote the following for my Fox Business Critical Thinking column. As the Republican nominee who will indeed run against Hillary Clinton for President of the United States, it’s even more relevant today than it was then: My initial reaction to news that Donald J.[…] Read On
Did you happen to catch Theranos founder and CEO Elizabeth Holmes on the Today Show yesterday? Now that her Silicon Valley startup is in hot water with just about every federal agency in America, she’s devastated that they didn’t catch and fix their issues sooner. This, after spending the past six months claiming that[…] Read On
We’re supposed to learn from the past, live in the present and plan for the future. At least that’s the theory. But we all know that’s not really how it works in practice. We’re becoming more indoctrinated by common dogma and myths and learning less about history and science. We’re[…] Read On