The Origin of 'Skin in the Game'

According to one story (which may be a legend), in the late 1960s, the now-iconic investor Warren Buffet pried seed money for his very first stock fund ...

Panera's Kind Deed Has Huge Impact

Brandon Cook was visiting his ailing grandmother in a New Hampshire hospital. Nearby was a Panera café. The following letter explains what happened ...

Thieving Treasure Hunter Captured in Florida

A treasure hunter accused of cheating his investors out of their share of one of the richest hauls in U.S. history—$50 million in gold bars and ...

You Can't Exhaust Lake Tahoe's Water Supply

Lake Tahoe is the eighth deepest lake in the world. On July 4, 1875, two men discovered the deepest point in the lake to be 1645 feet by lowering a weighted ...

Mailman Hoards 2,500 Pounds of Mail

Everyone knows that a letter carrier has one job—deliver the mail. Apparently a Brooklyn mailman spent a decade avoiding his job by intentionally ...

Ancient Ruler Loved Things, Used People

Abd Al-Rahman III was a ruler in 10th-century Spain who lived in complete luxury. Here's how he assessed his life: "I have now reigned above ...

Researchers Identify Five Principles of 'Happy Money'

In their book, Happy Money: The Science of Happier Spending, researchers Elizabeth Dunn and Michael Norton provide five principles for what they call ...

Wall Street Trader Recognizes "Wealth Addiction"

By 30 years old, Sam Polk had made more than $5 million in bonuses alone during eight years working on Wall Street. As a trader, he was living it up in ...

Brazilian Man 'Victim' of 'Pathological Generosity'

In September 2013, a man in Brazil developed what doctors called "pathological generosity." In an article published in the journal Neuroscience, ...

John Ortberg Tries to Teach His Daughter about Money

John Ortberg writes:

When our kids were little, we put them on the envelope system. When we gave them an allowance, they would put it in envelopes labeled ...