We thought we were hot stuff...
In 1985, Goldman Sachs plucked me from Northwestern University's Kellogg School of Management to be part of a team of elite specialists it was building for a curious assignment: to develop the best ways of making money in the markets, while slashing risk to an absolute minimum.
Look past the mysterious smile, and you just might notice this facial lump...
Back in 1962 when it was last insured, the Mona Lisa was valued at around $100 million. These days, with inflation and all, that figure has spiked to estimates as high as $870 million.
The secret to safely making huge income streams all comes down to gambling...
I know that sounds crazy. You're probably wondering how in the world "gambling" has anything to do with an investment strategy that lets you earn safe, steady income.
There's something we have to talk about... and you aren't going to like it.
Some of you will recoil at the very topic. Others will welcome it but hate the takeaway I'll present.
For Herrol, every day feels like a black-and-white movie...
He's one of the residents of Pingelap Atoll, which is nicknamed the "Island of the Colorblind."
Everyone wants you to think America is booming...
On the surface, it is. A new report from the Federal Reserve just confirmed that our net worth is at all-time highs.
From Cuba's "Special Period" came a really special kind of steak...
For decades in the last century, this island country and the Soviet Union were buddies. Cuba heavily relied on the Soviet government... to the point that roughly 20% of the island country's gross national product between 1986 and 1990 was courtesy of Soviet subsidies.
Doc's note: It seems like everyone wants to invest in cryptos... But it's not easy. They're complicated, you might need a special trading account, and if you don't know what you're doing, it's likely you'll lose a lot of money.
But today, our in-house crypto expert Eric Wade explains why cryptos should be complicated and getting through all these obstacles is worth it...
Decades ago, parents would host "chickenpox parties"...
Before scientists developed a chickenpox vaccine, this was a way to expose kids to the virus. A major reason was to "just get it over with" so the child wouldn't get chickenpox as an adult. One of my researchers remembers that her entire kindergarten class was out with chickenpox (she'd already had the virus years before).
Owls can't rotate their heads 360 degrees...
But the early English believed that they could... and that an owl would turn its head all the way around to watch you until it strangled itself. Some cultures even believed that death would soon come for you if you were sick in bed and heard an owl screech. (And it turns out owls can only turn their heads 270 degrees.)