The legendary New York fashion photographer Bill Cunningham once said "Money is the cheapest thing. Liberty is the most expensive." A man of tremendous simplicity and fierce independence, this was not just a mantra for him, but something of a lifelong philosophy borne out by...

Even if you didn’t attend an Ivy League school, you can still learn from their investment mistakes. Jason Zweig’s recent Intelligent Investor column highlights how several elite universities were caught with too many illiquid assets when they needed cash and relearned a lesson they should...

Lately, I’ve been thinking about how much good decisions matter—in every part of life, but especially when it comes to personal finance. Why does it matter so much? For one, good decisions compound. Each one creates a stronger foundation for the next, shaping the opportunities we encounter...