Discerning luck from skill can be hard. Baseball has 162 games per season. Boring for some but more than enough games for randomness to average out. How telling is one game? How telling is one case study? It could be random or just cherry picked. It's th ...
If you subscribe to Fortune, you're likely surprised and excited by the heft of the issue on the biggest 500 firms. It's a formidable group: $23T in market value, 29 million global employees, and over $1T in profit. With covers to sell, a cursory look fo ...
Lasik is odd in at least two ways. It's a rare deflationary healthcare category. It's also awkwardly priced at $2,000 per eye. "Shoes for sale, $50 per shoe." Could healthcare be more like Lasik, shoppable, and deflationary? There are key differences. Th ...
In 1966, Look Magazine published an article on US hospital bills, and "why some patients pay too much." Opacity was already an issue, albeit much smaller than now. The 1960s language points to payment and collection issues from "welfare," "indigents," a ...
The premise is simple. Set it and forget it. Vanguard and others offer this approach for target-date retirement funds. Of two investing extremes, there is an active self-directed retirement account, where you pick individual stocks and strive to have an e ...
