Facebook and Credit Scores

In addition to your name, Social Security number, birthday, and income, you may soon be asked to provide your Facebook, LinkedIn, and other social network info when applying for a loan. For instance, Lenddo, a startup company, is using this unusual approach and specifically targeting the middle class of developing nations. They hope that maintaining your “online … Continue reading

Traders: Higher Testosterone, Higher Profits

Testosterone and cortisol, two hormones your trading performance may depend on. One makes us more likely to take risks, the other pushes us away from it. John Coates, who previously ran a derivatives desk atDeutsche Bank in New York, has turned his pursuits towards understanding exactly what it is that drives our decisions regarding risk.Businessweek explains his … Continue reading

Panflation

We are all familiar with the term inflation. Most of the time it refers to prices and money supply, and is discussed on a regular basis. But few mention inflation’s ugly stepchild, “panflation”. Panflation, as coined in an article in the Economist, refers to the inflation of nearly anything besides prices. For instance: “The average British … Continue reading

Is it luck?

Your friend was able to get into that prestigious college. The girl who sits next to you in class received the highest grade on the last exam. On the way to work a man sped by you driving a brand new sports car. The guy living next to you is dating the best-looking girl you’ve … Continue reading

Powerful Nonverbal Communication

Do you tell people that you are powerful…or do you show them? The most important communication you make each day doesn’t depend on what you say as much as it how you appear when you say it. Even the brightest minds can fail to reach success if they have horrible nonverbal communication. Unless you’re counting on finding the rare blind interviewer, … Continue reading