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Rich and Co.

“Most stocks and derivatives are traded electronically. Yet more than 80% of trading in corporate bonds, a business worth $50 trillion, still happens over the phone. “

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Written by Rich and Co.

May 19, 2017 at 8:05 pm

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Brilliance of the Jewish Department Store – In Turn of the Century Vienna

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“It was thanks to a series of egalitarian and emancipating reforms in the 19th century that Vienna’s Jews fell into department store ownership. In particular, deregulation of the professions in the Austro-Hungarian Empire in 1859 ended Jews’ exclusion from certain trades. Jewish families ascended from the schmatta trade to own and run destination department stores— Read the rest of this entry »

Written by Rich and Co.

May 18, 2017 at 4:56 pm

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Of course…”Selfie-takers tend to overestimate their attractiveness, study finds”

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Written by Rich and Co.

May 13, 2017 at 7:58 pm

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“…human-like ways of thinking may have emerged as early as 1.8 million years ago.”

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Written by Rich and Co.

May 13, 2017 at 7:37 pm

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“Someone who mentions God was 2.2 times more likely to default. This was among the single highest indicators that someone would not pay back.”

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Written by Rich and Co.

May 10, 2017 at 6:56 pm

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“…tells us about human nature that making promises is a sure sign someone will, in actuality, not do something…”

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Written by Rich and Co.

May 10, 2017 at 6:53 pm

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Our Brains Lie – “Generally, if someone tells you he will pay you back, he will not pay you back. “

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“The more assertive the promise, the more likely he will break it. If someone writes “I promise I will pay back, so help me God,” he is among the least likely to pay you back. Read the rest of this entry »

Written by Rich and Co.

May 10, 2017 at 6:17 pm

Posted in Uncategorized