Ageless Wisdom

Low birth rates and rising life expectancy are leading to rapid aging and a decline in working age population in the West. Japan has already been in that position for over two decades and will be joined soon by other Western countries. This book examines the economic effects of aging, how aging societies will affect family and social structures, and the implications of what the author calls...

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  • Dead Man Funds

    This is the story of what is probably the worst equity fund in US history. In 1939, Charles Steadman started his stock fund. The fund consistently reported bad performance. The other three funds created by Steadman also performed miserably over the long term. However, when it did well sporadically, it attracted money. Then, losing periods took over. Steadman had the unique ability to lose...

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  • Turning Down in Downturn

    If you are likely to turn down a job offer during a downturn, because they are not attractive enough, handle it tactfully

    Imagine that! You are almost out of a job, you get a job offer and you say no. Why would you do it and how does it impact you? Recently, I heard of a situation like that. A manager had wanted a career change almost four months ago. At that time, he was keen on a shift...

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