Archive for December, 2007

The Tragedy of the Commons: Working During Holidays and Why Thanksgiving Almost Didn’t Happen

Tuesday, December 11th, 2007

Every Tuesday is a Game Theory article at Mind Your Decisions. I will never work during the Christmas holidays again. Not after what happened last year. I was looking forward to the end of the year. A big deadline had passed, and my expected workload involved quantitative modeling, which was both manageable ...

Money Makes You Numb

Sunday, December 9th, 2007

If you want to be rich, should you save more or earn more? So far, I've written primarily about saving more by recommending you drink from the tap, curb your subscription costs, and cut back on other regular expenses. Earning a high salary gives you the potential to save more. It is ...

Food Fridays: Eating Well While on the Clock

Friday, December 7th, 2007

I was going to post a recipe today, but I felt it would be lost on my readers who are too busy to cook. I was thinking about my friend who is an investment banker in New York. He works about 60-80 hours a week. Most days, he is at the ...

Financial Tools

Wednesday, December 5th, 2007

In response to a reader request, I have created a separate page dedicated to the financial tools and spreadsheets that I develop. So far, I have put up the popular "The Simple Expense Tracker" and the "APR and APY Converter." Stay tuned as more tools are upcoming, like how to track investment ...

The Strategy of Surprise: Will the Fed Cut the Rate Next Week?

Tuesday, December 4th, 2007

Every Tuesday is a Game Theory article at Mind Your Decisions. The hot topic in the investing world is whether the Fed will cut the federal funds rate next week. The word on the street is yes, it is basically certain: Federal funds futures show traders see a 100 percent chance of ...