Fellow Riskologist, The other day, I was driving through a Native American reservation on the way home from a short weekend trip when I spotted a casino. Fancying a little blackjack, I stopped in to play a few hands. There was $100 in my wallet, but I only cashed in $20 for chips. The strategy?… Continue…
Category Archives: Personal Finance
Advice From Warren Buffet: Games Are Won By Players Who Focus On The Field
Ever wonder how certain people you admire end up at the top of their fields? Over many years and despite all kinds of setbacks, some folks manage not just to weather the storm, but actually come out far ahead. They handle a world clouded by fear, uncertainty, and doubt with elegance. You can look back… Continue…
Never Lose Again: This Investor Tactic Will Make You A Better Risk-Taker For Life
When you commit yourself to something—a project, relationship, a new job, etc.—how do you protect yourself if everything goes wrong? You want to invest yourself, but you don’t always want to bet the farm right off the bat. Several years ago, I did a dating experiment where I went on about 40 dates with nearly 20… Continue…
When to Invest and When to Gamble
People tend to have pretty strong opinions about words like “investor” and “gambler.” Just a quick Google search shows there are thousands of people that want to tell me to… Continue…
A Counterintuitive Guide to Pricing Your Best Work
When you’re trying to make a living from your creative work, figuring out how to price your products or services is a hard decision. When… Continue…
Smart, Educated, And—Statistically Speaking—About To Be Scammed
Research shows 80% of Americans will have to confront a scam at least once a year. You may think you’re too smart to be taken, but research shows it can get the best of us. Read on to be sure you’re safe. Continue…
Game Show Mechanics: Why It’s Better To Change Your Mind Often Than Stick To A Plan
Whatever it is you might be working on, new information that comes along in the process should change the decisions you make. Continue…
2018 Introvert Career Outlook Survey
Introverts seem to be doing well financially, but report a high desire to switch careers. How are introverts feeling about their work? And how do they compare to other populations? Continue…