Extroverted? You may have better financial outcomes
How do the “Big Five” personality traits—openness, conscientiousness, extroversion, agreeableness and neuroticism—impact financial decision making and risk taking? How can this information help financial planners to better serve their clients and become really helpful allies?
Why some firms prepare for natural disasters and others don't
Have you noticed that despite the increasing frequency and severity of floods, storms, wildfires and other natural hazards, some firms in disaster-prone areas prepare while others do not? I’ve noticed this phenomenon from China to the US and Australia and it never ceases to amaze me.
Tylenol makes you take more risks
People who took acetaminophen—used by nearly one quarter of Americans each week—rated activities like “bungee jumping off a tall bridge” and “speaking your mind about an unpopular issue in a meeting at work” as less risky than people who took a placebo.
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