Blogs

According to a recent poll, those young Americans who believe in flying saucers outnumber those who think Social Security will be there for them in their old age, by about two to one. While they may or may not be right about UFOs, the kids' skepticism...

Introduction I have written a lot about the 2004 presidential election this year. The War on Terror, the war in Iraq and homeland security have been central themes of both campaigns. However, there is a very important campaign issue that I have not yet...

Introduction What makes one person a pessimist and another an optimist when speculating about the future of the US and the markets? How do we come to our most basic assumptions? This week we look at some insights into human nature I picked up in Tahoe...

Introduction This week's letter is from my favourite behavioural finance thinker, James Montier of Dresdner Kleinwort Wasserstein in London. James wrote a fascinating book two years ago called "Behavioural Finance: A User's Guide" and...

Introduction Welcome to the inaugural edition of "Outside the Box." Each week, I read hundreds of articles, reports, books, newsletters, etc. Each week, I and my staff will bring you one essay which we think is worthy of your time. The only...