Do you believe in success without risk? I just read The Warren Buffett Way and there’s an interesting passage there about how Warren Buffett considers risk:
He does not add a risk premium to his formula for the simple reason that he avoids risk…
“I put a heavy weight on certainty,” he says. “If you do that, [...]

That’s an important question to ask in your career. Why? Because the stronger your bargaining power is, the higher the price you can ask for your skills. On the other hand, if your bargaining power is weak then you risk being undervalued by the market. You might get paid less than you deserve.
There is a [...]

The more I look around me, the more self-employment seems to be the way to go for many people. I’m not sure if this is just my observation or if it’s indeed a global phenomenon, so I’d like discuss it with you.
There are two reasons why self-employment seems to be the way to go:

Necessity
Many people [...]

There is an interesting lecture on Behavioral Finance by Yale professor Robert Shiller. In it, he spoke about how people tend to be overconfident. They overestimate their ability to perform. It happens not just in the financial world, but also in our daily life. One example Robert Shiller gave is that students tend to overestimate [...]

Do you want to be effective? Then you need to focus only on a few important things. This is the essence of the 80/20 rule. Unfortunately, it’s easier said than done. You might try to simplify your life only to find that you are still doing too many things at once. You might try to [...]

Note: This is a guest post from Ian Coburn of Best Possible Choice
We’ve all experienced it—utter disbelief when someone who is obviously ill equipped for a role, typically in management, gets it, or snagged a client we wanted. How do such things occur?
To find the answer, look to the recent Olympics shellacking Russia took at [...]