Tag Archives: Opportunity Cost

Opportunity Cost

How much does it cost to help your friend move on a Saturday?  What if you had planned to take your son to a ballgame?  What if you had planned to work overtime? There’s a cost to everything you do, … Continue reading

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Cost v. Benefit

It turns out, crime does pay.  Just not very much: The basic problem is the average haul from a bank job: for the three-year period, it was only £20,330.50 (~$31,613). And it gets worse, as the average robbery involved 1.6 … Continue reading

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Should I Go To Business School?

Generally, business school is a poor investment.  If you want to go to a top 20 school, you’re going to spend at least $100,000 and two years of your life (easily another $100,000 or $200,000 in lost earnings).  Realistically, your … Continue reading

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Hired Guns

When Alex Rodriguez wanted a new contract to reflect the fact that he may end up as the all time leader in HR, hits, RBIs, and runs scored, he didn’t negotiate the deal himself.  He hired super-agent Scott Boras, who … Continue reading

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