Would you like me to give you a formula for success? It’s quite simple, really: double your rate of failure. You are thinking of failure as the enemy of success. But it isn’t at all. You can be discouraged by failure or you can learn from it, so go ahead and make mistakes. Make all you can. Because, remember, that’s where you will find success.
– Thomas J. Watson
Buried in a snowstorm? Well, we hear that one of the best ways to beat a blizzard is to listen to your favorite show. That’s why we’re bringing you this packed episode of the Wintrust Business Lunch!
Personal finance expert Terry Savage brings the heat with a look at the “flaw of averages.” It’s a concept that comes from Stanford economist, Sam Savage (no relation). Terry says that the “flaw of averages” is the biggest threat to your investment strategy, and she’ll share some great advice on how you can avoid it. Terry also shares some great tips on how you can get the most out of your retirement plan.
Next, social media guru Scott Kleinberg joins the show to talk about Facebook’s new “Reactions.” Now there’s more than one way to “Like” a status. That’s because the whole spectrum of human emotions has now been boiled down to six emojis. Hey, sometimes less is more.
Steve wraps up the show with Poonam Goyal, a senior retail analyst at Bloomberg Intelligence. They’ll take a look at what consumers are purchasing and how that will affect our economy. We’ll have all that and more on this episode of the Wintrust Business Lunch!
On a serious note, a winter storm warning has recently been announced (at the time of this posting). Please drive safely and stay warm out there!