Financial advice and investor beliefs: Experimental evidence on active vs. passive strategies
Individuals with low financial literacy tend to follow advice without assessing its quality, leaving them vulnerable to unsuitable advice.
Individuals with low financial literacy tend to follow advice without assessing its quality, leaving them vulnerable to unsuitable advice.
"Paying workers low wages is actually very expensive for companies because of the costs of high turnover and the costs associated with low wages.
Studies show startups with older founders are more likely to succeed.
"There's one year less time to cut emissions and avoid climate catastrophe."
"The EU can and should develop its own version of DARPA, but only after it understands the pillars on which the agency stands."
"The bad guys are getting badder faster than the good guys are getting better."
"Leaders have an opportunity to shape aspects of capital gains tax in ways that drive the key innovations that matter to our future."
"Intelligent choice architectures can empower managers and employees at all levels to act with greater autonomy and insight."
"No organization can thrive alone, and partnerships with xTechs present large companies with opportunities to innovate quickly."
The sweet spot for consumer spending? There is no simple answer. Because the sweet spot depends on what else is happening in the economy.