Featured Insights

Buying a Dream, Losing a Future: The Financial Fallacy of Lottery Tickets for Low-Income Households

January 3, 2025 — For many, playing the lottery is a harmless bit of fun using some expendable cash...but is it really?

Featured Insights

How much happiness does money buy?

December 27, 2024 — They say that money can't buy happiness...but if you could, how much would you be willing to pay for it?

Featured Insights

Moonshot or Shooting Star? A Volatile Mix of MicroStrategy, 2x Leveraged ETFs and Bitcoin

December 5, 2024 — We generally try to stay in our lane here and focus mostly on the merits of low-cost investing and diversification. However, sometimes the market serves up something so fascinating that we can't help but sharpen our pencils.

Featured Insights

Victor Meets the Bogleheads

October 23, 2024 — Victor was very pleased to attend the recent Bogleheads annual conference in Minneapolis and do a Q&A session with Morningstar's Christine Benz.

Featured Insights

When a Crystal Ball Isn't Enough to Make You Rich

September 26, 2024 — By Victor Haghani, James White and Jerry Bell [note] Many people were instrumental in bringing this experiment and research article to life. Foremost are the contributions of our research associate James Cross, who helped design and single-handedly programmed the Crystal Ball game during the summer of 2023 while still an undergraduate at Princeton. We thank our long-time research collaborator Richard Dewey for his guidance in designing the study and interpreting the results. Jason Zweig of

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