In 1956, John Larry Kelly, Jr. was a scientist working at Bell Labs. He became famous for his work on optimizing the signal level across communication lines, which resulted in the development of a mathematical relationship known as the Kelly Criterion.
The Kelly Criterion is very
Wealth: to have it means you have much in your possession. Ipso facto, wealth is difficult to quantify because of its very relative nature. Whether or not someone is classified as being wealthy largely depends on where that person lives. A wealthy resident of Venezuela would look
"Retirement is the ugliest word in the language" - Ernest Hemingway. I'm going to have to go ahead and agree with Mr. Hemingway. Don't retire! Or at the very least, redefine its meaning! Whenever I hear the word retirement I'm reminded of a particular scene from The Shawshank Redemption.