MLB Confidential: The Financial Documents Baseball Doesn't Want You To See, Part 1

MLB Confidential: The Financial Documents Baseball Doesn't Want You To See, Part 1:From Deadspin. A definite class assignment will be to value the various firms!"...take a look at the documents below, paying close attention to the teams' operating income, their revenue-sharing figures, the size of their TV deals, and the amortization of player contracts (a neat trick of accounting pioneered by

Beware of 'Independent' Investing Research - WSJ.com

Beware of 'Independent' Investing Research - WSJ.com:First let me say no one has paid me to write. Secondly, it is unrealistic to think that the sponsorship would not influence authors, at least create a conflict of interest. From today's WSJ:"In recent years, financial-services firms have found a new tool to help them drum up customers: the academic study. These papers are finding new life

Weekend Essay by Jonah Lehrer: How Power Affects Us - WSJ.com

iorWeekend Essay by Jonah Lehrer: How Power Affects Us - WSJ.com:
"Psychologists refer to this as the paradox of power. The very traits that helped leaders accumulate control in the first place all but disappear once they rise to power. Instead of being polite, honest and outgoing, they become impulsive, reckless and rude. In some cases, these new habits can help a leader be more decisive and

Can Money Buy Happiness?: Scientific American

Can Money Buy Happiness?: Scientific American:The answer according to this study is No."American families who make over $300,000 a year donate to charity a mere 4 percent of their incomes. The statistic should not be surprising, as studies by University of Minnesota psychologist Kathleen Vohs and her collaborators have shown that merely glimpsing dollar bills makes people less generous and

The Psy-Fi Blog: Money Illusion

Image via WikipediaThe Psy-Fi blog examines the Money Illusion today. It is right that this is one of the most common illusions. Rare is the day (and non-existent is the week) that I do not hear someone discussing views on either savings or cost of items while totally ignoring the value of money now vs. whatever time period they are discussing.



The Money Illusion from the Psi-Fi blog

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Laurie Santos: A monkey economy as irrational as ours | Video on TED.com

Laurie Santos: A monkey economy as irrational as ours | Video on TED.com: "Laurie Santos studies primate psychology and monkeynomics -- testing problems in human psychology on primates, who (not so surprisingly) have many of the same predictable irrationalities we do."





HT to Todd Sullivan

Related articles by ZemantaMan as "Monkeys Wearing Pants": Why Humans Make Poor Money Choices (

Just Buy It: Impulsiveness Tied To Brain Chemical : NPR

avJust Buy It: Impulsiveness Tied To Brain Chemical : NPR:
"Joshua Buckholtz, a researcher at Vanderbilt University in Nashville, Tenn., thinks that the brains of impulsive people have too much dopamine. Dopamine is a chemical involved with many different brain functions, but in this case researchers are interested in drive. They believe high levels of dopamine are causing some individuals to