Physicians are among the least productive occupational groups in transforming their incomes into wealth. Keep this in mind when you read the following case study. Mr. Arrow, who has a degree in pharmacy, is employed by a large pharmaceutical company. Part of his job description is to interface with physicians and surgeons. Unlike many others who call upon physicians, …
A few weeks ago, readers of my blog and AMI panelists were asked to recount their “ah-ha!” moments as part an ongoing research effort examining wealth building in America. We appreciate the honesty and courage that many of you exhibited in sharing your stories and how they changed your lives. Nearly 250 of you participated …
Wall Street recently lost one of its greatest investment gurus, Dr. Martin Zweig. His obituaries were published prominently in both The Wall Street Journal and The New York Times. His accomplishments were many. On the Friday before the Monday stock market crash of 1987 he predicted “crash” on TV’s Wall Street Week program. Also The Zweig …
Some questions are asked so often that they deserve their own blog. One such question has to do with career choice framed in the context of “the need to become wealthy.” Early in my teaching career a distinguished senior professor and colleague once gathered all of the young faculty members together. He told us that in …
The Millionaire Next Door Swims with the Economic Tide Read More »