Arithmetical Losses
Older readers may remember a time when loss referred to Joe Loss and his Big Band Orchestra. Nowadays, of course,…
Older readers may remember a time when loss referred to Joe Loss and his Big Band Orchestra. Nowadays, of course,…
It is said that theories are expounded about absolutely every conceivable topic – the Meaning of Meaning is an example.…
What have cucumbers and grapes got to do with finance? Both represent rewards causing either satisfaction or annoying distress. In…
The idea of an effort being useless is counter intuitive. Effort is defined as an undertaking using up a lot…
Optimists do not deal with impossibilities; for them everything is possible. Realists know better! In legal terms, impossibility is a…
We are intrigued by the ongoing Team Sky/British Cycling controversy and the process of “marginal gains” as an explanation of…
Reasoning is the process of thinking about a subject matter through rational, level-headed reflection. Many people draw inferences from complex…
Success is the achievement and accomplishment of goals and ambitions. Measuring success has always been open to wild interpretation and…
The Irish Brokers Association (IBA) is the premier representative body for Financial Advisers in Ireland. The IBA represents over 450…
You may have heard of classical economists Thomas Malthus and Adam Smith but not David Ricardo – and yet it…
A rule of thumb is a useful way of problem solving and decision-making based on practical experience, which short-circuits or…
Technically, a treasury is a place where treasure is stored and may conjure up images of pirates, maps and desert…