Some Fatherly Words of Wisdom from Jack Bogle, Founder of Vanguard Investments, to My Sons

Art Carey, a reporter for the Philadelphia Inquirer, shared some words of advice he received from Jack Bogle a few years ago. Carey asked Bogle the following question: "Pretend I am your son. What advice would you give me about how to live a long, happy, honorable life?" Here's a summary of what Bogle had … Continue reading Some Fatherly Words of Wisdom from Jack Bogle, Founder of Vanguard Investments, to My Sons

Eating That Marshmallow Won’t Ruin Your Life After All

Last year I wrote the following about the famous Marshmallow Experiment: You may be familiar with the famous Stanford Marshmallow Experiment, which was a series of studies on delayed gratification in the late 1960s and early 1970s led by psychologist Walter Mischel, then a professor at Stanford University. In these studies, a child was offered a choice between one small … Continue reading Eating That Marshmallow Won’t Ruin Your Life After All

Would You Want to Know?

An essay in today's Wall Street Journal shares research about a new tool for analyzing hundreds of thousands of small genetic differences that can predict a range of psychological attributes from birth. The author of the essay believes the tool will transform how we see ourselves, our capacities, and our problems. As I read the … Continue reading Would You Want to Know?