It’s never too early to start saving for retirement. While it may be the last thing on the mind of young investors faced with a volatile economy, difficulty finding full-time employment, and student loan debt, the importance of preparing for retirement cannot be overstated.
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The Follower's Dilemma
Game theory has been the subject of many recent discussions I’ve had with curious college students, aspiring economists, and adults alike. In general, the core concept is quite simple and boils down to a basic question: given a certain situation, what is your best response to another party’s action(s), assuming all actors are rational? Or, in other words, what reaction yields the recipient the highest possible utility (a measure of one’s satisfaction)?
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The Opportunistic Employee
Finding a job in today’s economy can be difficult, to say the least (unless you’re a high school student). Most industries are far more competitive than they once were, and finding jobs at dream companies, like Google (GOOG) and Facebook (FB), is nearly impossible. In fact, more often than not, new college grads will cling to the first job offer they receive, which is often due to the lack of critical, public information.
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Young Money
How old do you have to be to work at the Silicon Valley’s top tech companies? The answer: a lot younger than you might expect. A recent Bloomberg report, published July 8th, outlined opportunities in the Silicon Valley for teenagers who have yet to graduate from high school.
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Seriously, You're Not On LinkedIn?
For any young professional, networking is of the upmost importance. From business to academics, your connections will forever offer you widespread knowledge and allow you many "real world" opportunities. However, tracking and maintaining your connections is by no means simple. In fact, if you network correctly, it can be timely and exhausting. Luckily, we have LinkedIn (LNKD) to help us with such a process.
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Creative Destruction
One of the more interesting ideas to come out of economic and business literature is that of “creative destruction,” which is closely related to the concept of “disruptive innovation.” Distilled down to its most basic form, “creative destruction” is the concept that something new, whether a technology, manufacturing process, or business practice, can disrupt the established market and upset the market power of entrenched companies.
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The World Beyond Wall Street
If you have been paying attention to international news over the last few weeks, you are most likely aware that the Middle East is once again heating up. While the civil war in Syria continues to rage, militant Islamic fundamentalists have risen up in Iraq (a group known as ISIS), and are slowly trekking toward Baghdad.
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