How Free Stock Trades Can Be Expensive

Behavioral economist Dan Ariely demonstrated the impact of “free” in an experiment that he described in Predictably Irrational. At first, participants could choose a Hershey’s Kiss for a penny or a Lindt Truffle for 15 cents. Selected by 73%, the…

Why GameStop Stock Is Like a Beanie Baby

GameStop describes itself as a chain of 5,000+ stores that sells video games and entertainment products at malls and online. Rather than a retailer, though, GameStop will probably be remembered as a financial bubble. During 2020 when the stock was…