The academic paper Beyond the Status Quo: A Critical Assessment of Lifecycle Investment Advice by Anarkulova, Cederburg and O’Doherty had a conclusion that caught my eye. From the abstract: We challenge two central tenets of lifecycle investing: (i) investors should diversify across stocks and bonds and (ii) the young should hold more stocks than the…
A pedestrian whose leg was amputated after Haywood Highsmith crashed into him while he was aiding another motorist stranded on the road in West Kendall earlier this month is now suing the Miami Heat forward, court records reveal. Alekxei Pino, 21, sued Highsmith in Miami-Dade on Friday alleging that the NBA player was speeding when…
By Jack Kim SEOUL (Reuters) – North Korean leader Kim Jong Un has received a car from Russia’s President Vladimir Putin as a gift “for his personal use,” official media reported on Tuesday, in what could be a violation of U.N. ban that Moscow had joined to adopt against Pyongyang. The two countries have forged…
A thoughtful Easter message presents a unique opportunity to express goodwill and gratitude towards friends, family, colleagues and clients. While Easter is fundamentally a significant religious holiday for Christians, symbolizing the resurrection of Jesus Christ, it is also widely recognized by people of various faiths as a time to celebrate the onset of spring. Whether…
COVID: there’s a strong current of pandemic revisionism in the mainstream media, and it’s dangerous By Lukas Engelmann, The University of Edinburgh and Dora Vargha, Humboldt University of Berlin There is no clearer marker that we are now in the “after” phase of the pandemic, than the proliferation of public inquiries, reports on lessons learned and…