AI stocks aren't like the dot-com bubble. Here’s why
Today’s craze over generative artificial intelligence is different, Godes said. He now teaches at Johns Hopkins, and his students aren’t leaving for Silicon Valley any time soon. They’ve got a healthy skepticism of the emerging technology, he said. That’s just one reason why he sees excitement about AI as entirely unlike the early internet era.
Survivorship Bias
There's a huge difference between a team that asks, "What went wrong with the failed trials?" and a team that only asks, "How can we repeat this success case?" Failed trials reveal what we lack and what we need to fix. Successful ones show a few of many ways things can work well.
Family offices now rival hedge funds as a way for the ultra-rich to hoard their wealth
The richest families in the world are projected to see their wealth grow even more – ultimately reaching $9.5 trillion by 2030 – as single-family offices continue to grow and expand their assets, according to a new report from Deloitte.
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Wisdom is a Virtue, But How Do We Know if Someone Has It?
Our team explored who is considered wise in cultures with contrasting philosophical traditions. The results surprised us Imagine you’re facing a life-altering decision. You have been offered a once-in-a-lifetime job opportunity abroad, but it means leaving behind your partner who can’t relocate. Torn between your career aspirations and your commitment to the relationship, you start wondering what the wisest way would be to make such a decision. Should you approach the dilemma with a cold mind and weigh all the pros and cons in an analytical and logical manner, or would it be wiser to tune into your feelings and make a decision in line with your heart? Moreover, which one of these ways to handle the dilemma would your friends and family perceive as wise?
How to Think About Risk with Howard Marks
Oaktree co-chairman Howard Marks explores the true meaning of risk in a new ten-part video course. He discusses the nature of risk, the relationship between risk and return, misconceptions about risk, and much more.
Thinking Set Free
We take it for granted that thinking helps us to understand the world and make good decisions. And to think is to reason. But there is a risk this is not the whole story. Studies into flow states where individuals are single mindedly focussed on a single task, without self reflection or reasoning, have identified that less deliberation rather than more leads to better performance.
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