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“When a Crystal Ball Isn’t Enough to Make You Rich” The "Crystal Ball Challenge" experiment simulated insider knowledge for 118 finance-trained participants by letting them trade with one-day-ahead news headlines, but they achieved minimal gains, with many losing money due to poor market predictions and risky leverage choices. By contrast, experienced traders outperformed with strategic trade-sizing, highlighting the critical importance of investment-sizing in uncertain markets and suggesting that even with advanced information, rational risk management is essential for financial success.
”Social Security Announces 2.5 Percent Benefit Increase for 2025”
The Social Security Administration recently announced that the cost of living adjustment will be 2.5% in 2025. This increase is below average over the last decade (average increase being 2.6%) and is the lowest increase since 2020. The Social Security Act provides for how the COLA is calculated. The Social Security Act ties the annual COLA to the increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) as determined by the Department of Labor's Bureau of Labor Statistics. “Remembering John “Mac” McQuown, Whose Curiosity Drove a Life of Innovation” John “Mac” McQuown was a visionary financial engineer and co-founder of Dimensional Fund Advisors who pioneered the use of data in investing, launching one of the earliest index funds at Wells Fargo in 1971. Throughout his life, he innovated across finance, sustainable farming, and environmental initiatives, notably developing the Stone Edge Farm MicroGrid to support clean energy solutions.
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