Wednesday, October 9, 2013
Patience and Frugality May Be Better Than an MBA
A retired secretary born in rural Illinois in 1909 dies with a $7 million estate and donates it all to charity. That same year, 2010, an ex-CEO of Merrill Lynch who got his undergrad from Dartmouth and MBA from the University of Chicago files for bankruptcy. Maybe we need to change our approach to financial literacy.