That risk and return go hand in hand is fundamental to investing. Michael Kitces, a partner and director of research for Pinnacle Advisory Group, and publisher of the financial planning industry blog Nerd’s Eye View, shares insight on “The Simple Truth Investors Often Ignore.”
With the recent release of the federal budget comes the Obama administration’s proposal to spend an additional $5.23 billion over the next decade to help mitigate the doctor shortage. However, based on current demographic trends, today’s scarcity of primary care practitioners, the most common use of doctors, is destined to worsen, causing big hospitals to rush to hire as many primary care doctors possible. It’s projected that this run on primary care doctors will create oligopolies in markets across the nation. Read more about the issues facing health care reform and possible solutions.
Night Shift Brewing founders Mike O’Mara, Michael Oxton ’07 and Rob Burns ’07
When they were students at Bowdoin, they shared a passion for cooking and beer making. A few years later, Michael Oxton ’07 and Rob Burns ’07 teamed up with third partner Mike O’Mara to co-found Night Shift Brewing in Everett, Mass. After a successful first two years of operation, Night Shift is now expanding from a 3,000-square-foot facility to a 16,000-square-foot building. A $700,000 MassDevelopment loan will finance equipment and renovations in the new space, which will house the brewing operations and taproom. Read more about Night Shift’s expansion.
Each year, Bowdoin’s office of Career Planning organizes a career fair to connect Maine businesses and nonprofits with Bowdoin students who want to live in and work in Maine, either for the summer or after they graduate. This year, 39 employers — from consulting firms to research labs and schools — gathered for the afternoon career fair in Smith Union. The organizations were offering at least 59 jobs, fellowships and internships in a wide range of fields. In this video, a few employers briefly describe the positions they’re seeking to fill.
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Cable has, for many, become an unhealthy relationship. It takes a lot out of you, or at least, your wallet. You think about breaking up — pulling the plug and going with someone who really gets you. Perhaps one of those attractive streaming devices, but something stops you — the kids, the DVR option, your habit of watching Morning Joe, hoping to catch some insight from Fortune magazine magazine editor Andy Serwer ’81. Fine. Stay with cable, but know that you have options, including these eight tips to help you negotiate a lower rate with your cable company.
The prevailing thought in academia for 30 years has been that the “hot hand” phenomenon — when an athlete is playing well above his or her typical level — is a myth, or just “random statistical noise,” as NYT’s columnist David Brooks puts it.
But Assistant Professor of Economics Dan Stone argues that researchers are overlooking a real pattern in behavior when they dismiss the possibility that athletes, or indeed anyone, can achieve exceptional streaks of success. He and Jeremy Arkes, an associate professor of economics at the Naval Postgraduate School, write in the Pacific Standard that several recent papers based on their research are proving “that the laymen seem to have been right all along.” For while economists and psychology researchers thought they had disproved the hot hand, coaches, players and fans continued to believe.
Besides “enhancing our understanding of basketball,” the work of Stone and Arkes might have deeper implications into the “potential importance of psychological factors, confidence and momentum in performance in a range of contexts,” such as childhood education. “Better results early can give children confidence, making them more likely to achieve better results later,” the authors speculate.
Hobie Alter, founder of the foam and fiberglass surfboard, is known shore to shore as the father of the surfing industry. Alter shares his extraordinary tale of success, starting from his humble beginnings in Laguna, Calif., to his experience as a member of the Ocean Pacific Board. He recounts three important lessons he acquired during his journey towards success, reminding readers of the importance of passion — and the customer.
Diamonds, perennially a girl’s best friend, now also count investors among their besties. The demand for diamonds has been on the rise recently in the emerging world, and investors are setting their sights on a new investment asset to replace gold. The growing demand, is due, in part, to Chinese brides looking for diamond engagement rings, a concept foreign to China until recently. Read more about the growing interest in diamonds.