Chile has been a pioneer for the last 30 years of great improvements. Mainly, due to four structural reforms: the creation of a retirement system based on private personal accounts (the AFP system), the opening of the private health insurance system (the ISAPRE system), the redesign of the labor code changing the terms of...
The Investment Opportunity of the Millennium The savvy investor John Templeton seized opportunities wherever he found them. And he built his small investment shop into the renowned money management firm Templeton Investments, now part of the $27 billion investment giant Franklin Resources. Before he died, Templeton made it absolutely clear what he believed was...
Slow Burn: How Stu Trained Himself to Run 50-Plus Miles Every Day Endurance master Stu Mittleman holds the world record for running 1,000 miles in 11 days. Then, at nearly 50-years-old, he ran 3,000 miles over two months—more than two marathons a day for over 56 days! He literally ran across the country from...
Perhaps you’re familiar with the amazing mathematics problem that asks you to figure out whether you’d have more money at the end of one month if you received $3 million on the first day or got a penny on day one and the amount doubled each day thereafter. Most folks would guess that the...
“The almost magical convenience of plastic money is critical to our famously compulsive consumer economy. With more than 641 million credit cards in circulation and accounting for an estimated $1.5 trillion of consumer spending, the U.S. economy has clearly gone plastic.” Mountains cannot meet, but people can In dealing with complex give-and-take issues, I...
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History has not been particularly kind to all manner of experts and their definitive pronouncements: Anglican Archbishop James Ussher (1581-1656) researched the dates of Biblical events and painstakingly subtracted all the Old Testament generations. When he finished his calculations, he proclaimed that the earth was created on October 23, 4004 B.C. at nine o’clock...