Using the best tactics from both worlds—the subjective and the objective, the emotional and the rational—teams will reach heights of achievement and competition that neither the old guard nor the new could reach on their own.
Where do brilliant decisions come from?
For decades, conventional wisdom has dictated that smart investors should put money with private-equity managers who have previously run successful funds. Is the conventional wisdom still good?
When trying to significantly reduce the rate of inflation, banks must make announcements that gradually lower the expected inflation rate. But the reverse is true when combating deflation: in that case, banks must take an aggressive approach.
Bank failures can be virulently contagious.
Next time an award-winning book catches your eye in the bookstore, think twice before picking it up.