Category Archives: Economics

Shoes worth more than a house

Air Jordans sell for record $2.2 million Auction house Sotheby’s just sold a pair of signed sneakers that Michael Jordan wore during the 1998 NBA finals. The record breaking $2.2 million winning bid was actually on the low side of expectations. The pre-sale estimate was a range between $2 and $4 million. “The sale speaks volumes of Michael… Read More »

10 investment lessons from Peter Lynch

Here are 10 lessons from a portfolio manager that averaged 29% annual return from 1977 to 1990 1. Everyone has a unique set of knowledge related to their field of work or interest. Your investor’s edge is not something you get from stock analysts and experts. It’s something you already have. You can outperform the experts if you… Read More »