How to give your kids everything but a sense of entitlement

How to give your kids everything but a sense of entitlement

By Jenn Choi 4 hours ago

Jenn Choi is the mother of two children. On her site Toys Are Tools, she attempts to decipher what is really beneficial about high-quality educational toys. Kids who understand gratitude have better grades and are less likely to get depressed. This was the conclusion of a recent story in the Wall Street Journal that struck a chord with both my husband and me. Read more of this post

Today one in four people can expect to be struck with debilitating anxiety—why are we so stressed out?

Book Review: ‘My Age of Anxiety’ by Scott Stossel

Today one in four people can expect to be struck with debilitating anxiety—why are we so stressed out?

DANIEL AKST

Jan. 3, 2014 4:52 p.m. ET

Confronted with the problem of spirituality, William James argued that we should study “the acute religion of the few”—mystics, ascetics, spiritual revolutionaries—in order to shed light on “the chronic religion of the many.” Read more of this post

In the era of Facebook and “the friend zone,” are we forgetting the value of a true boon companion?

Book Review: ‘Friendship’ by A.C. Grayling

In the era of Facebook and “the friend zone,” are we forgetting the value of a true boon companion?

MICAH MATTIX

Jan. 3, 2014 4:50 p.m. ET

‘Friend’ is a much devalued word today. President Barack Obama recently referred to his “friends on the right”—with little apparent friendliness. The rest of us, thanks to Facebook, are “friends” with people we have never met. We speak of “friends with benefits” when we mean casual lovers, and of living in the “friend zone” when we mean being romantically frustrated. We refer to things and events as being “eco-friendly,” “user-friendly” or “business-friendly.” Read more of this post

Ascent of the Fallen Stars: Barron’s looks at the comeback of funds run by star managers who had stellar runs and then imploded. They discuss their strategies

SATURDAY, JANUARY 4, 2014

Ascent of the Fallen Stars

By LESLIE P. NORTON | MORE ARTICLES BY AUTHOR

Barron’s looks at the comeback of funds run by star managers who had stellar runs and then imploded. They discuss their strategies.

A surprising byproduct of this year’s rally was the comeback of the star manager: investors with long spells of brilliant performance, whose funds then spectacularly imploded. Consider Bill Miller, whose Legg Mason Opportunity Trus t (ticker: LMOPX) is staging a revival. Finally approaching the levels of 2007, Miller’s fund is up 67%, more than double the S&P 500’s gain. Miller is by no means alone: The same could be said of Ken Heebner’s CGM Focus fund (CGMFX) fund and Bruce Berkowitz’sFairholme fund (FAIRX), both of which are outpacing the index. Read more of this post

Sports Direct: the rise of Britain’s craziest retailer

Sports Direct: the rise of Britain’s craziest retailer

It may not be the prettiest retailer to look at, by Mike Ashley’s Sports Direct is in the FTSE 100 and worth more than £4bn

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Mike Ashley still controls more than 60pc of Sports Direct and serves as executive deputy chairman Photo: Action Images

By Graham Ruddick

7:11PM GMT 02 Jan 2014

Sports Direct may well be the craziest business on the high street. Not only is it run by Mike Ashley, a pantomime villain in Newcastle, but it has publicly fallen out with one of its two biggest suppliers, employs the vast majority of its workers on zero-hour contracts and has stores that resemble a jumble sale. Read more of this post

Back to School: Fama, French Discuss Their Work; The top proponents of the efficient-market theory on stocks, behavioralists, and bubbles

SATURDAY, JANUARY 4, 2014

Back to School: Fama, French Discuss Their Work

By BEVERLY GOODMAN | MORE ARTICLES BY AUTHOR

The top proponents of the efficient-market theory on stocks, behavioralists, and bubbles.

Eugene Fama and Kenneth French have the easy banter of two brilliant minds that have collaborated and challenged each other for three decades. Fama, 74, teaches at the University of Chicago’s Booth School of Business. He just won the Nobel Prize for his theory of market efficiency, which, in 1965, argued that all available information was immediately incorporated into stock prices. In 1985, he teamed up with Ken French, who at the time also taught at Chicago, but is now a professor at Dartmouth College’s Tuck School of Business. Since then, “Fama and French” has been a catchphrase, shorthand for efficient markets and the model for investing that grew out of that theory. Read more of this post

Paul Stoneham, boss of hair straightener manufacturer ghd, has improved his company’s supply chain and volumised sales and doubled profits over the past four years

How ghd is getting ahead

ghd boss Paul Stoneham has improved his company’s supply chain and volumised sales

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Over the past four years Paul Stoneham has doubled profits at ghd Photo: Paul Grover

By Anna White

8:00PM GMT 04 Jan 2014

The hair straightener manufacturer ghd is barely recognisable after a makeover from its chief executive, Paul Stoneham, who will launch 20 new products over the next five years. Read more of this post

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