Sloan senior lecturer Robert Pozen and undergraduate Ming Lu contributed this article to Fortune about the dangers of having too much employer stock in your 401(k). “[P]ast performance is not a good predictor of future performance—especially in this era of disruptive innovation,” they explain.
Research co-authored by Prof. Christopher Palmer in Sloan found that loan rates vary substantially, even when two borrowers are relatively similar, due primarily to the variations in the lender’s markup. “You would never get away with this if you were selling milk,” Palmer told Jo Craven McGinty of The Wall Street Journal. “It would be the same price for everyone.”
Richard Eisenberg of Forbes writes about a symposium hosted by the MIT AgeLab, which explored the impact of Alzheimer’s and dementia on financial planning. The symposium “brought together a broad spectrum of experts ranging from Alzheimer’s Association execs to neurology professors to financial advisers to people who have early onset Alzheimer’s or are married to them,” writes Eisenberg.