Author: EconLearner
And then there’s IKEA.Since its founding in 1943, the Swedish furniture behemoth has expanded to 487 locations worldwide. In 2024, the company reported Sales of 45 billion euros and nearly 900 million visitors to its stores — far outpacing its competitors in revenue.A similar trend has emerged in many other industries. For example, Starbucks dwarfs mom-and-pop coffee shops, Procter & Gamble dominates detergents, and Coca-Cola and Pepsi are giants in carbonated beverages. “The leader in each of the areas is much bigger,” he says Sara Moreiraassociate professor of strategy at Kellogg.Moreira wondered how these companies became so huge compared to…
Is buying this supposed to be a major decision? Fairfax, DE: Residence Section. Undated photo.Bettmann ArchiveBuy low, sell high – the axiom of investing. The complaint that today ordinary people cannot afford houses means that they are purposely buying high. This is exactly what people should be. One does not buy high, according to all the rules of investing. One must buy low. One should relax, be nervous when prices are high, as a buyer, and only move when prices are low. Here’s the outrage: this is where we’re supposed to live. How can an investment decision with worldly consequences…
In this episode of the Personal Finance Podcast, we’re going to talk about the powerful portfolio strategies, and which one is right …
This tree claims the title of “the oldest tree in the world”. See why it exists and where you can find it.gettyNot many living organisms have been around long enough to witness the transition from the Ice Age tundra to the warm human-dominated world we know today. But on a remote hillside in southern Chile, there is a Patagonian cypress known as the Alerce Milenario that may be as old as 5,000 years. If its age is confirmed by ongoing studies, it would secure a place among the oldest living trees on Earth.This ancient cypress has withstood volcanic eruptions, glacial…
How to make your first Money #money #podcast #shorts #personalfinance #millionairevibes #motivation.
MIAMI, FL – OCTOBER 31: A ‘We Accept (Food Stamps)’ sign hangs in the window of a grocery store on October 31, 2025 in Miami, Florida. The food stamp program, now known as the Supplemental Nutrition Assistance Program (SNAP), could run out of funding on Nov. 1 due to the federal government shutdown, now entering its second month. In Miami-Dade County, nearly one in six residents receive food assistance. (Photo by Joe Raedle/Getty Images)Getty ImagesAs the US government shutdown drags on, the first batches of Supplemental Nutrition Assistance Program recipients haven’t scraped together funds to buy groceries. New rounds of…
Paper cut style weather forecast widget icon set. vector illustration. 3d mobile app UI design, daily app template, climate cartoon sign. Storm, rain, sunny day, fog, winter snow, nightgettyAs an atmospheric scientist and professor, I talk about weather all the time. When someone learns about my profession, they usually want to talk to me about it too. They will share their knowledge of weather forecasting, climate change, almanacs, porcupines and more. The weather is often a topic of “conversation” between friends and strangers. With such wide divisions, here are 3 things wider society can learn from the weather talk.People drink…
Stock photo. Meta social media icons appear on a smartphone between Facebook, Messenger, Instagram, Threads and other products, with Meta Ink visible in the background. (Photo: Jonathan Raa/NurPhoto via Getty Images)NurPhoto via Getty ImagesIn October 2025, the Supervisory Board, a body that makes previous content control decisions on social media platforms Facebook, Instagram and Threads, issued a decision call in Meta to mitigate information asymmetries in armed conflict. The Supervisory Board is a body that examines whether Meta’s decisions are in line with its human rights policies, values and commitments. Users of the three platforms can appeal to the Supervisory…
Ted Richards is a behavioural economics/investment expert at Six Park. Ted is the host of the Richards Report investing podcast …
Medicare Advantage plans don’t try to avoid sick people. trying to attract themgettyThe American health care system has two distinctive features.First, similarly situated people pay the same premium regardless of their medical conditions. In other words, no one who obtains health insurance ever pays an actuarially fair price.Second, insurers always lose money on people who are known to be relatively sick and make money on people who are known to be relatively healthy before they ever enter the insurance pool.As a result, no health plan wants a sick enrollee – especially one that requires expensive medications. No employer. There is…