Category Archives: Money

Risk: an unconventional approach

By Demian Perry | Published: 10 Jul 2010
The comedian Robert “Bobcat” Goldthwaite had a routine about bad ideas, like the day someone decided to cook with an open flame on the Hindenburg.  Or, in all seriousness, someone decided that it was a good idea to board an airship attached to a giant ball of flammable gas.  What drives humans to make such [...]
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Why do wages rise in a recession?

By Demian Perry | Published: 07 Sep 2009
This morning, Rutgers University released its Labor Scorecard, which confirmed the high unemployment figures published by the Labor Department earlier this week.  Someone in the PR department at Rutgers caught this report on its way out the door and added a little spice to the press release, noting that “though unemployment has risen in 2009 [...]
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How is a stock like an equity bond?

By Demian Perry | Published: 06 Aug 2009
Warren Buffett described his philosophy of viewing stocks as ‘equity bonds’ in a 1977 Forbes magazine article and subsequently in a speech at Columbia Business School.  In her book, Warren Buffett and the Interpretation of Financial Statements, Mary Buffett attributes the concept to Buffett, which is interesting considering that the title of her book is [...]
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