Paydee

Institutional Investor has a very good article on Wall Street’s abuse of math. Let me explains. Financial economics has an inferiority complex. As a result, the field needlessly uses fancy math to justify itself. This seeps into money management. The…

It’s estimated 43% of eligible voters didn’t fill out a ballot for the 2016 elections. That amount of people vastly outnumbered those who voted for Trump, Clinton or any of the third party candidates. Data also showed the proportion of young…

Becton, Dickinson (BDX), a leading global medical technology company, today reported quarterly revenues of $4.402 billion for the fourth fiscal quarter ended September 30, 2018. This represents an increase of 39.0 percent from the prior-year period, which is primarily due…

Italy Gets a Warning From the 14th Century Iran Sanctions and Oil Prices: Who’ll Feel the Pain? China’s Trade Olive Branch Can’t Dispel Fears of Clash With U.S. Amazon Plans to Split HQ2 Evenly Between Two Cities Crazy Work Hours…

Evelyn Y. Davis, one of Wall Street’s true characters, has passed on, aged 89. She was known as the original shareholder activist, which is a polite way of saying she grilled CEO at shareholder meetings. It’s a basic rule of…

Iran Says It Will Resist ‘Economic War’ as U.S. Revives Curbs Xi’s Swipes at Trump Show China Standing Its Ground in Trade War China Seeks Allies as Trump’s Trade War Mounts. It Won’t Be Easy. Big Short’s Eisman Is Shorting…

“Habits are the compound interest of self-improvement.” – James Clear I hear from young people on a regular basis who complain that it’s impossible for them to save money. The list holding them back is a long one — student loans,…

I was having dinner with a group of friends when someone asked what I thought the key to a happy marriage was. My tongue-firmly-in-cheek response was “a king-sized bed.” My wife and I bought a memory foam bed a number…

The October jobs report is out! The US economy created 250,000 net new jobs last month. Wall Street had been expecting 190,000. The unemployment rate stayed at 3.7%. The ranks of the employed rose to a fresh record 156.6 million…