A useful way to approach a problem is to start at the extremes. When Oaktree Capital’s Howard Marks was asked about the potential inflationary effects of America’s $1,200 stimulus checks, he proposed a thought experiment: What if the government gave every American one million dollars? Would there be inflation? Seems like a silly question at …
Most of us are familiar with the above picture. It delivers the encouraging message that success is a messy affair full of stops, false starts, and wrong turns – only appearing as a straight line afterwards. We tend to smooth out all the squiggles in post(-production). Since North Americans frequently view career success as a …
It was the summer of 2014 and I was already working full time. Only a credit or two short of graduation, I decided to finish them up as quickly as possible. I chose PHL 382 “Death and Dying”, taught by Alessandro Bonello, because it had a catchy title. How cool would it be to say …
The average American wedding costs $30,000. A friend shared wedding pictures in a group chat today, which led to a conversation about weddings and their costs. I mentioned that I thought 30,000 USD was a lot of dough to drop on what is really just an extravagant (albeit significant) party. Unsurprisingly, a heated debate ensued …