Suppose our minds have a hot state and a cool state. In the cool state we are rational and make calculated tradeoffs between immediate rewards and payoffs that require investment of time and effort. But when the hot state takes over we abandon del…
3 JanuaryWith.. Spalt, Hungary will have the most capable risk manager anyone can hope for. His experience and persistence are a guarantee that our subsidiary in Hungary will soon be seeing less risky times. Can someone please ask this guy what in the worl…
15 DecemberHow lucky do you think you are? Damn very lucky if you consider the amount of humans that had to procreate on your behalf for you to currently take up breathing space. However, let us consider the near past. The past that is your lifetime up until…
7 SeptemberBank of America, the nation’s largest bank by assets, plunged 20 percent and Citigroup slid 16 percent, leading the KBW Bank Index (BKX) down 11 percent. It was the worst showing for the 24-company benchmark since April 20, 2009, when Bank of Amer…
9 August