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Competitive Strategy
In this excerpt from The Wage Standard, Arindrajit Dube explains how "monopsony" gives some employers the power to set wages below competitive levels.
The great investor instinctively knew that humans are much smarter than computers in volatile environments. So he bet on common sense.
The best of all investor attributes is easily attained — and unbeatable in combination with other advantages.
So many of the conditions for a sale or IPO are outside your control — which is why preparation is everything.
Everyone loves a good underdog story, but the lessons we derive from them depend on how they’re told.
In tough competitions, men tend to give up early when they feel a low sense of control. Testosterone eradicates that effect.