Financial Education

After a successful career in the 1980s and 1990s as the head of Salomon Brother’s fixed-income arbitrage group, in 1993, John Meriwether founded his own hedge fund to profit in the financial derivatives market using similar arbitrage methods. On the board of directors of this hedge fund were economic luminaries…

There is one similarity that many people have in common with crabs in a barrel: they seek to pull down others who have achieved a success greater than theirs. The motto for such people is: “If I can’t have it, you can’t have it either.” Such people are burning with envy and jealousy upon seeing another’s success…

Life, Liberty and the Pursuit of Happiness. There is a resonance in those words that seems to reverberate throughout the ages. It is perhaps not only an American ideal, but the ideal of all humanity. We must, however, admit, in honesty, that although the aspiration is a great one, it is a reality…