I have a case study of a perfect stock trade where I made 3x my money in three years. It had it all: Mr. Market offered a discount relative to growth and earnings power. I had an analytical edge, plus the temperament of a monk. It was also a micro-cap com ...
Average vs. Median
There is an oft-cited study from Fidelity on healthcare savings needed in retirement for the average couple: $275,000 in today's dollars. This assumes the actuarial tables grant you both around 20 years of runway, you have original Medicare, and you retir ...
Of Synergies and Spreadsheets
When buying anything, whether it's a company choosing a vendor, a suburban soccer mom considering solar panels on a home, investing in stocks, or as a CEO considering an acquisition, the big and easy decisions are what you should focus on, not the slick p ...
Corporate Goodwill
A study published in NBER last month has some interesting implications on workplace wellness programs. While only a one year study, it's unique since it's the only comprehensive randomized controlled trial on wellness. 1) There are diminishing returns o ...
Employees and Their Benefits
In November 2018 we did a survey on employee benefits. One lesson, people don't really like surveys, even if offered a $50 amazon gift card through a raffle. Below is a summary of the 6-question, 3-minute survey on employees and their benefits: Virtually ...