In 2013, the University of Chicago professor Harold Pollack interviewed the financial journalist Helaine Olen. And, during their conversation, he made an offhand suggestion: if you’re a personal finance neophyte, everything you…
Month: April 2024
How New Cars Keep You Poor–And Why You Should Buy Used Cars Instead, Then Invest What You Save
In the opening chapters of the bestselling book Rich Dad, Poor Dad, Robert Kiyosaki offers a central piece of advice: “You must know the difference between an asset and a liability, and…
Nobel Prize-Winning Psychologist Daniel Kahneman Explains Why Index Funds Beat Stock Picking, and The Key Question All Investors Must Ask Themselves
This past week, the influential psychologist and economist Daniel Kahneman passed away at age 90. The winner of the 2002 Nobel Prize in Economic Sciences, Kahneman wrote the bestselling book Thinking, Fast…
