“One of the basic axioms of the rational theory of decision under uncertainty is Savage’s (1954) sure-thing principle (STP). It states that if prospect x is preferred to y knowing that Event A ...

Seen through an actuarial lens, the changing climate is not an ideology. It’s a risk management challenge already reshaping ...

Toast is transitioning from a high-growth disruptor to a scaled platform with consistent profitability and free cash flow. See why I rate TOST stock a Buy now.

Volatility is a fact of life in financial markets. There’s no way to avoid it. We see it all the time in the day-to-day price ...

Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated history of working in both institutional and retail environments, from broker-dealers to ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Somer G. Anderson is CPA, doctor of ...

By Enock Yeboah-Mensah“When you increase your ability to earn, you increase the value of your time. You learn more. You sharpen your skills. You become harder to replace. You stop begging for pay ...