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The prediction markets are catching on with Wall Street interns

The prediction markets are catching on with Wall Street interns

Finance—

The summer intern hunched over their phone, surreptitiously typing away, might be doing one of two things: betting on a prediction market or managing an AI chatbot. Morgan Stanley’s equity research team asked the firm’s summer interns about both their AI use and, for the first time, betting habits…

Take More Risks To Avoid Being Financially Average

Take More Risks To Avoid Being Financially Average

Personal Finance—

After publishing The Untold Burden Of Being Your Family’s Financial Provider, I got this comment from a reader named Brian: “I can identify with this post as I am the family CFO / CIO. I think you are WAY overcomplicating this. What is wrong with merely investing in VTI / VXUS and chill? My returns…