Turns Out Women Are Better At Running Hedge Funds

Despite demonstrating not even competence but consistent superiority in this field for almost a decade, women hedge fund managers still have a hard time raising funds.

I Survived College Without Consumer Debt, and So Can You

When I was in school, working part time for very little money and thus totally unable to afford payments on a credit card, I was pre-approved, but now that I’d gotten a well-paying (by 1990 standards) full-time job in my degree field, I was a bad credit risk because I’d been smart about not getting in debt when I was in school?

Crowdfunding For Countries

As of this writing, almost 31,000 people have raised almost 500,000 euros for the nation of Greece.

When The Banks Close

“The choice before Greece is: insolvency or political unrest. To delay the inevitable financial disaster, Greece has put its financial system on hiatus.”

Banks Plead Guilty to Manipulating Global Currency Values

What’s going to happen next? The banks will be fined, of course. So far, no individual bank employees have been indicted, in part because (to quote the NYT) “the banks long ago dismissed most of the employees suspected of wrongdoing.”

“We Thought Our Pay Would Be Higher” –Bankers

Theory: Expecting X and getting X+ = happiness; expecting Y and getting Y- = unhappiness, even if Y- > X+.

“The Grand 401(k) Experiment Has Been A Failure”

30 years later, we have discovered that, if our 401(k) is indeed our primary way of accumulating money for retirement, we’re kinda screwed.

The History of the Wooden Nickel

A Buffalo nickel is worth a pretty penny, should you find one these days.

Get Interest-free Banking With Digit, a Terrible New Way to Save

We take a look at Digit, a new savings app that promises all the benefits of saving money without even the pretense of interest.

Friends With Venmo

Venmo is most widely used by millennials. Like other topics once known for being verboten at a dinner party, we’re known for being more open than our parents about money. So it’s fitting that Venmo, unlike its predecessor PayPal, includes a social networking aspect: I log in and can see that Alex paid Sara $13 for movie tickets. But we’re also still navigating a time in our lives when careers and financial milestones move at varying paces among peer groups, breeding those awkward bill-splitting moments that so often end in temporary annoyance (“Did you see the way Pat stiffed the bartender on the tip?” “Those girls John brought last night ordered like, three pitchers of margaritas that they didn’t pay for, dude.”)