Does your life feel cluttered and complicated? Do you sometimes feel like you should escape to a simpler time or place? One reason why Henry David Thoreau went to the woods was to live a simpler life. To accomplish this, he adopted a certain mindset and made specific choices. From his example, you can simplify your life by considering what you can do without, managing your resources wisely, and savoring what you have. Keep reading for three tips on how to simplify your life with insights from Thoreau.
Sam Bankman-Fried Found Guilty: What It Means for Crypto
How did FTX’s risky practices go unchecked for so long? Can trust in the crypto industry be restored after this high-profile failure? Is meaningful regulation coming that could stabilize the volatile crypto market? The recent conviction of Sam Bankman-Fried, founder of crypto exchange FTX, highlights regulatory gaps that have long enabled risky practices in the crypto industry. Experts say the crypto industry must oust bad actors in the meantime to restore trust. Continue reading to learn how Sam Bankman-Fried’s guilt might affect the crypto world.
What’s an Arbitrage Strategy? Explanation and Example
What’s arbitrage? How did John Meriwether’s arbitrage strategy earn Salomon Brothers a profit? Arbitrage is where investors exploit small differences in price for similar assets in two or more markets. When John Meriwether learned this technique, he used it to his advantage, earning more money than ever. Continue reading to learn more about how arbitrage works in the stock market.
What Is the Efficient Market Hypothesis? A Real-Life Example
What is the Efficient Market Hypothesis? How did John Meriwether use this hypothesis to perfect computer trading? The Efficient Market Hypothesis is a financial theory that states stock prices reflect all existing information. In the early 1980s, Meriwether used this theory to introduce computer-based mathematical modeling into trading. Discover how the Efficient Market Hypothesis played into Meriwether’s strategy.
Arguments for and Against a Global Billionaire Tax
How would a global minimum tax on billionaires’ wealth work? What are the main arguments for and against the tax? Does the proposal have a shot at becoming a reality? A proposal for a 2% minimum tax on billionaires’ wealth aims to raise revenue and address inequality, but faces skepticism. Proponents say the billionaire tax could generate $250 billion annually while critics argue that implementing the tax will require global coordination that will be tough to achieve quickly. Continue reading to learn about the different opinions regarding a billionaire tax.
Irrational Exuberance: Robert J. Shiller on Speculative Bubbles
What are the key points in Irrational Exuberance, Robert J. Shiller’s book on speculative bubbles? What does Shiller teach about stock market behavior? In Irrational Exuberance, Robert J. Shiller explains that speculative bubbles arise out of feedback loops, often driven by media coverage. When you learn more about these bubbles, you can better understand how to avoid losing money in stocks. Continue reading for an overview of Irrational Exuberance.
The Speculative Bubble: 3 Examples From US Markets
What does a speculative bubble look like? What are some examples of speculative bubbles? Speculative bubble examples can be found in US stock, housing, and bond markets throughout history. If you know what a speculative bubble looks like, you can help prevent stock market crashes in the future. Learn what a speculative bubble is from these three examples.
Exploitation of the Poor: 4 Ways the Rich Keep Them Down
Why are some people poor? Are they keeping themselves down, or are they victims of others who don’t want them to succeed? In Poverty, by America, social scientist Matthew Desmond explores how and why the commonly cited explanations for poverty fall flat. Then he turns his attention to what he believes does explain the persistence of poverty in America. Read on to learn why Desmond thinks the exploitation of the poor is a reality in the US.
Real Estate Speculation in the US Housing Market
How has real estate speculation influenced the US housing market? What does it mean to form a speculative bubble? Real estate speculation drove unparalleled growth in the US housing market from the late 1990s to the early 2000s, but since this growth was based on speculation, it was unsustainable. Learning how this happens can help you avoid getting investments caught in a speculative bubble. Keep reading to discover how speculative bubbles have formed in the US housing market in the past.
Efficient Market Hypothesis: Explained With Counterarguments
How is the efficient market hypothesis explained by experts? What does it mean, and what are some counterarguments? The efficient market hypothesis, explained by financial experts, concludes that securities are always priced accurately due to the nature of the market. By understanding this hypothesis and the counterarguments to it, you’ll have a better understanding of how markets work. Learn more about the efficient market hypothesis from all angles.