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Books and Articles we believe are important

Two kinds of system risk

...A useful skill in executive decision making is the ability to describe resiliency and the cost of failure in non-emotional ways. Especially when it’s difficult do precisely that...

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Dollars and Sense: How We Misthink Money and How to Spend Smarter - Recommended Book Thumbnail

Dollars and Sense: How We Misthink Money and How to Spend Smarter - Recommended Book

...There is a legend that Pablo Picasso was approached in the park by a woman who insisted he paint her portrait. He looked her over for a moment, then, with a single stroke, drew her a perfect portrait. “You captured my essence with one stroke. Amazing! How much do I owe you?” “Five thousand dollars,” Picasso replied. “What? How could you want so much? It only took you a few seconds!” “No, ma’am. It took me my entire life and a few more seconds.”...

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How To (Correctly) Fix A Forgotten, Missed, Or Miscalculated Required Minimum Distribution (RMD)

...Tax-deferred accounts have long been a boon to savers, allowing them to earn additional growth on top of the growth without Uncle Sam taking a share. But tax-deferred doesn’t mean tax-free, and sooner or later, Uncle Sam will eventually take his share, since each and every retirement account is subject to Required Minimum Distribution (RMD) rules at some point...

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