Dan Ariely sheds some great insights into what drives our irrationally rational behavior. Mr. Money Moustache links to this article from the good professor. If you have the time or inclination, I highly recommend this course, titled Introduction to Behavioral Economics
Why is it that removing small perks for employees like free soda tends to lead to an exodus of talent? After all, a can of soda costs what, fifty cents? Maybe a dollar? And yet when management decides to stop bearing that small expense, people have a habit of packing up and leaving, which seems like a big move to make over the price of a can of soda. Jason LEfkowitz has a theory
The financial health of a company can be inferred from the quality, variety and cost to the employee of the snacks and beverages it offers its employees.
Another post from Mr. Money Moustache – you might see why he is one of my favourite financial bloggers from this one called “Getting enough & then some“:
…every expense profile is unique, and every person will eventually need to find a way to make expenses and income match when retirement comes – whether retiring at 25 or 85.
Wall Street is no longer serving the purpose what it was designed to . Wall Street was designed to be a market to which companies provide securities (stocks/bonds), from which they received capital that would help them start/grow/sell businesses. Investors made their money by recognizing value where others did not, or by simply committing to a company and growing with it as a shareholder, receiving dividends or appreciation in their holdings. What percentage of the market is driven by investors these days ?