Abstract Numeracy is defined as the ability to understand and use numerical information. We examined the relationship between numeracy and wealth using a cross-sectional and a longitudinal study. For a sample of approximately 1000 Dutch adults, we found a statistically significant correlation between numeracy and wealth, even after controlling for differences in education, risk preferences,…
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Adventure is merely bad planning – Roald Amundsen I have talked about Amundsen before and focussed in particular about how his success as an explorer was a function of his obsessive planning. What strikes me about people who are successful in very difficult fields is that they all share similar traits, attributes or philosophies. Much the…
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By now you’ve probably read a bit about Wealth Retreat 2016 and if you’ve thought about joining us this year please read on, because I’ve found out that some people who really wanted to join us have counted themselves out, thinking they didn’t qualify, when in fact they did. If you are serious about building…
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Tesla has lifted the veil on its most important undertaking: the Model 3, a $35,000 car designed to bring electric vehicles and autonomous driving to the masses. By the looks of it, and the interest it’s attracting, it just might succeed. On Thursday, Tesla raked in 134,000 reservations, each with a $1,000 deposit. And that was before…
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How do businesses cope after achieving blockbuster success – click the pic below to find out.
It’s a cliché that “you can’t buy happiness”, but at the same time, financial security is among most people’s top career priorities.1 Moreover, when people are asked what would most improve the quality of their lives, the most common answer is more money.What’s going on here? Who is right? A lot of the research on…
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Kviabryggja Prison in western Iceland doesn’t need walls, razor wire, or guard towers to keep the convicts inside. Alone on a wind-swept cape, the old farmhouse is bound by the frigid North Atlantic on one side and fields of snow-covered lava rock on another. To the east looms Snaefellsjokull, a dormant volcano blanketed by a…
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