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Elon Musk Uses This Ancient Critical-Thinking Strategy To Outsmart Everybody Else

But while he dropped out of the program after only a few days, the field left an impression on the billionaire-to-be.<p>Perhaps most crucially, it trained him in <b>"first principles thinking,"</b> a mode of inquiry that relentlessly pursues the foundations of a problem.<p>"I think it's important to reason from …


Two of the Biggest Mistakes Traders Make

As I look across the good trading and not-so-good trading that I've observed over the years--my own, as well as that of others--there are two big …

Still the Only Chart That Matters

The FOMC has continued to "taper" the monthly amounts of its purchases of Treasury bonds and Mortgage Backed Securities (MBS), but the Federal …

Stock Markets

Why China’s rich are leaving

Earlier this year, the best company at surveying the rich in China announced that more than 60% of the people it surveyed had already immigrated to …

Investors Chart New Course as Index Stars Graduate

Index-tracking frontier-market funds may see a marked change in performance in the wake of the removal of Qatar and UAE from the MSCI Frontier Markets Index. Actively managed funds might not be so obviously affected.