Vanity in Vain

The difference between being rich and acting rich is huge

We all think that millionaires must be splurging their money on brands. Well, sample this. More millionaires wear Seiko instead of Rolex, or drive a Toyota instead of a BMW. You wouldn’t believe that three times more millionaires live in modest homes valued at under $300,000 than homes that cost over $1 million.

Thomas Stanley...

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  • No Room for Chance

    Why accidents are rarely accidental and how to prevent them

    Understanding risk, randomness and uncertainty from every angle is the intellectual stimulation du jour. The high priest of this new genre of study is, of course, Nassim Taleb, whose two books have set a standard of scholarship that is unmatched. Taleb’s argument is that we don’t know what we don’t know and, therefore, we need to...

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  • Dried Blood and Tears

    We are enjoying decades of peace. It is easy to forget that in the same terrain we are standing free today, marauding killer mobs of thousands had roamed just a few decades ago, uprooting millions, as countries were heartlessly split.

    If they could make it to their new country, through burning trains and broken bridges, the uprooted millions were herded into shanties of misery.

    When he...

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