A stock market candlestick chart displayed on a dark screen

"Miss the 10 Best Days" Is Half of a Calculation

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The statistic every advisor quotes is real. So is the mirror image nobody quotes — and when a researcher ran both at once, the result was not the one the slogan implies.
A person holding a key to a door

Renting is not throwing money away, but the real argument is stranger

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Housing’s celebrated 7% return is almost all rental yield. Real capital gains run about 1% a year — and the variable that decides the answer is whether you actually invest the difference.
A close-up of printed text on a shop receipt

The latte factor gets the arithmetic right and the mechanism wrong

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His sum checks out to the dollar. But 85% of people are passive savers who ignore price incentives, and financial education explains 0.1% of the variance in behaviour.

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Two interlocking gold wedding bands on a textured surface

The 50% Divorce Rate Was True for About One Year. You Can Name It.

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In 1981 the United States recorded 2,422,000 marriages and 1,213,000 divorces. Divide one by the other and you get 50.1%. It was also the peak year. The statistic has not been updated since.
An open plan office with long rows of white desks

The Open Office Was Built on a Measurement. Then Nobody Measured It Again for...

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When researchers finally put sensors on employees before and after a redesign, face-to-face interaction fell by about 70%. The study did not measure productivity — and after six decades of fit-outs, almost nothing has.
An anatomical model of a human brain

Nobody Is Left-Brained. The Man Who Won the Nobel for Split Brains Said So...

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A study of 1,011 brains looked for people whose left or right hemisphere ran stronger overall. It found lateralised functions everywhere and lateralised people nowhere.