An article in the Journal of the Society for Judgment and Decision Making last year made the case that simple, name recognition-based systems for choosing winning sports teams beat more elaborate, expert-based systems. The article’s title, “The wisdom of ignorant crowds: Predicting sport outcomes by…
If you’ve looked at the news today, you know that the anniversary we’re referring to is that of the stock market’s financial crisis low, reached three years ago today when the Dow bottomed-out at 6,547. The market has doubled since then but, as many commentators…
We hope your year is off to a good start and that you’re making good progress toward your goals for 2012 as we enter the third month of the year. In the interest of progress and efficiency, we wanted to share a few housekeeping items…
We have lately noticed the growing ubiquity of a British government poster produced in 1939 at the beginning of World War II that advises the reader to “Keep Calm and Carry On.” The poster was intended to boost public morale in the face of the many risks of war,…
We thought it was time to check in with another edition of the Live Big Digest to brighten your day. The title of this issue of the LBD is inspired by a recent New Yorker article by Wisdom of Crowds author James Surowiecki called “Year of the…
We thought we’d check in once again on this cold December Friday with another edition of the Live Big® Digest to help keep you warm. As you will not fail to have noticed, markets have continued to seesaw in recent weeks with every whiff of good…
On the eve of another Thanksgiving Day, we thought we’d check in with another Live Big Digest, knowing that “Eat Big . . . Digest” is what will really be on your mind in the coming days. Of course, the real purpose of our Thanksgiving Day observation is…
We thought we’d celebrate this numerologically-significant Veteran’s Day with another edition of the Live Big Digest. While this is the day in which we all pause, reflect, and give thanks for the service and sacrifice of those in our armed forces, it also happens to…
We have a number of things to share with you today, but the inspiration for sending this particular Live Big Digest comes from an article just sent to us by a client. The article, “World power swings back to America,” was written by Ambrose Evan-Pritchard,…
We just wanted to check in and remind you that a recording of our recent webinar, “Economic Vomitility and Financial Planning as Dramamine” is now available on the website . You can access both a Windows Media recording and a copy of the presentation in pdf…