Protect Yourself Through Diversification

Warren Buffett, who was probably the greatest investor of the 20th century, is fond of quoting the salacious actress Mae West as saying, “Too much of a good thing can be wonderful.” In the market, such a motto would lead you to avoid diversification and...

The End of the Beginning

“This is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.” So declared Winston Churchill after an early allied victory in World War II. It was a reminder to his nation that the war would require many more...

Contradictory Notions of Fairness

There was a time when Thanksgiving meant an occasion for counting our blessings. But, now that we have so many blessings that previous generations could hardly have dreamed about, we take them all for granted and are much more likely to count our grievances and the...

Arab World Poverty: Whose Fault?

“I don’t have the knowledge to blame a government,” said Bakhtiar Khan, an Afghan man in his mid-twenties. “I don’t know about politics, but for our problems I blame the world community. All humans should be equal, but we are not. You ask...

The ‘Next Big Thing’ in Technology?

You may know Jim Jubak from his frequent appearances on CNBC. Jubak, the senior markets editor at MSN Money, holds a core investing principle: the conventional wisdom is always wrong. Suffice it to say that this guy has an independent streak, which is a great virtue...

Diversity vs. “Diversity”

Sometimes it seems as if “diversity” is going to replace “the” as the most often used word in the English language. Yet the place where this word has become a holy grail — academia — shows less tolerance for genuine diversity of...