Choosing Your Comparison Group
I told my wife that I’m happy when I run my best possible, which I did (25:58) in Sunday’s Komen Run for the Cure 5KM race in Austin. She said that I should also be very happy that I took first place out of eight old guys in my age category (65-69). Read More »
Caricaturing Economists
I was at the Legg Mason Thought Leader Forum last week, talking about my research over recent years on prediction markets. It was good fun, but the real novelty was that as I was speaking – literally, in real time – there was a cartoonist next to the stage, cartooning my talk on a five-foot-wide poster. I’ve never seen this before, but it was a real hit. Read More »
Recanting a Small Part of Lifecycle Investing
On page 9 of Lifecycle Investing, Barry Nalebuff and I write:
“[B]efore you invest in stocks, first pay off all your student loans and credit card debts.”
On reflection, we were only half right. You should pay off your high-interest-rate credit card loans before investing in stock. But in this post from our Forbes blog, Barry and I show why young investors need not pay off their student loans before investing in stock. Read More »
GMOs and Mother Nature? Closer Than You Think
When it comes to genetically modified organisms (GMOs), one criticism stands above the others: it’s unnatural. The idea that (unlike conventional genetic exchange within a species) genes from one species can be transferred to another fuels this perception of unnaturalness. Read More »
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