For most of Wall Street's history, stock trading was fairly straightforward: buyers and sellers gathered on exchange floors and dickered until they struck a deal. Charles Duhigg buyerdealdicker Change image and share on social
It is almost always a bad idea to use a reverse mortgage to pay for a vacation or to buy a risky investment, like stocks or deferred annuities. Charles Duhigg annuitybadbuy Change image and share on social
For decades, activist shareholders were an entertaining, but largely ignored, Wall Street sideshow. Disgruntled investors would attend annual meetings to harangue executives, criticize strategies - and protest that their complaints were being ignored. Charles Duhigg activistannualattend share on social
Fannie Mae and Freddie Mac buy mortgages from banks and other lenders, providing those financial institutions with capital to make new loans. Charles Duhigg bankbuycapital Change image and share on social
America is the Saudi Arabia of coal. Charles Duhigg americaarabiacoal Change image and share on social
After World War I, while France and other Allies were building military defenses modeled on trench warfare, German commanders were shaping a nimble fighting force. Charles Duhigg allybuildcommander Change image and share on social
Lawmakers in both political parties have often acceded to unions' requests to avoid political confrontations or to curry favor. They have pushed difficult choices into the future. Charles Duhigg accedeavoidchoice Change image and share on social
Since the 17th century, insurance agents have been the foremost experts on risk. Charles Duhigg 17thagentcentury Change image and share on social
There is a woman named Wendy Wood, who did a study when she was at Duke, and she followed around college students to try to figure out how much of their day was decision-making versus how much was habit. And what she found was that about 45 percent of all the behaviors that someone did in a day was habit. Charles Duhigg behaviorcollegeday share on social
As homeowners see the value of their homes decline, they become more likely to delay purchases of the big items - like automobiles, electronics and home appliances - that are ballasts of the American economy. When those purchases decline, large manufacturing firms, suddenly short on funds, could begin laying off employees. Charles Duhigg americanapplianceautomobile share on social