That's What Happens When You're

Everything, In Retrospect, Is Obvious. But If Everything Were Obvious, Authors Of Histories Of Financial Folly Would Be Rich . . .

The Incentives Are Still Rotten, And People Are Still Paid To Do Things They Shouldn't Be Doing. The Reforms Did Not Really Address The Incentives, The System Is Still Dysfunctional And There Are Still Behavioural Issues That Need To Be Addressed.

Everywhere You Turn You See Americans Sacrifice Their Long-term Interests For A Short-term Reward.

There Used To Be This Guy Called Vinny Who Worked On The Floor Of The Stock Exchange, Said One Big Investor Who Had Observed The Market For A Long Time. After The Markets Closed Vinny Would Get Into His Cadillac And Drive Out To His Big House In Long Island. Now There Is The Guy Called Vladimir Who Gets Into His Jet And Flies To His Estate In Aspen For The Weekend. I Used To Worry A Little About Vinny. Now I Worry A Lot About Vladimir

Girls Tend To Attribute Their Failures To Factors Such As Lack Of Ability, While Boys Tend To Attribute Failure To Specific Factors, Including Teachers' Attitudes. Moreover, Girls Avoid Situations In Which Failure Is Likely, Whereas Boys Approach Such Situations As A Challenge, Indicating That Failure Differentially Affects Self-esteem.