InFooled by Randomness, author andBlack Swan-spotter Nassim Taleb points out that an investor in Russian or Chinese companies at the start of the 20th Century who suffered a complete wipeout would tell a rather different tale about ‘investing for the long term’ than the Americans who write ...
For example you can guess what state pension you will get in real terms, from a current state pension forecast, but calculating it in absolute terms involves projecting forward with inflation and then you have to project back at some stage also. I have an input on the spreadsheet equal to ...
First impressions were good. The TV was packed well and looked fantastic – with a nice slimline black bezel surrounding the huge 55-inch screen. After hanging it on my wall-mount, I marvelled at how perfectly sized it was for the room and the distance at which I was sitting… but some...
We use the score of headquarters as a proxy of the Social practices of MNB i in country j Socialij. We estimate the aggregate value of the above variable at the country level: Socialj=?i=1kjAijfAjSocialijis the level of Social practices of MNB i in country j, where kj is the ...
We currently rent and I enjoy renting but I imagine we’ll want to put down roots somewhere eventually, and buying somewhere will help us do that, so I’ve been building up a small real-estate fund over the years. When new money comes in, I either top up the FI portfolio (to ...
Their first thoughts: "What will I wear? Will it rain when I'm out for my lunchtime walk?" 6:43AM Even before we dress, we need to know what the weather's doing so we can plan for the day. MetService's smartphone app comes to the rescue. 7:35AM Armed with the latest weather ...
Most of them will have to keep working until they are forced out of the labor markets, and then they will find themselves in severe economic distress. They won’t have much to spend outside housing and healthcare. Ethan in NoVa Mar 29, 2017 at 3:34 pm They just need to AirBnB ...
Yes, your card issuers will charge any business you pay by credit card. But by how much? The short answer: it varies. According to TrueCostofCredit.com: - A standard card from Visa or Mastercard with no reward feature charges about 2.3-2.4% for big ticket purchases like airfare and ...
aWcehwanilgledoofsToIbFy, im.e.e,aTnFsPo,foancchhaannggeeinodf ethxe system output, Equation (1) needs to be dynamized. We will dI(oYs)o=bI(yTmFPe)a·In(sTIoFf)a change index (3) or by means of a rate of change I(Y) = I(TFP)·I(TIF) (3) G(Y) ={[G(TFP) + 1]...