Word: bracketeers
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...many potential psychological explanations. For example, it could be that individuals are mainly concerned with their relative wealth in comparison to others. If incomes grow consistently across the socioeconomic distribution, then we would not expect to see happiness grow much at all, save for those in the lowest earning bracket. Reinforcing the effect, as individuals gain wealth they often change social groups—and begin interacting with other higher earning individuals. Thus, as we gain wealth, the people we choose to compare ourselves against may also become wealthier, leading to little change in relative position...
...Mashruwala, and freshmen Emily Park and Nirasha Guruge to the CSA Individual Championships. Guruge was the most successful in the tournament, ranked at No. 7 and falling in the quaterfinals to the No. 2 seed. Snyder won the Holleran Cup—the “B” bracket of the CSA tournament. Five All-Americans were selected from Harvard’s squad, and Guruge became the third Crimson player in the past four years to be named Ivy League Rookie of the Year, making this season one of the most memorable for women’s squash...
...with two previous confrontations between the teams, the Crimson found itself in troubled waters against the Hawks and witnessed yet again why Hartwick (27-11, 9-1) was considered top-notch in the Northern Division as well as the championship bracket...
...member of the second bracket two summers ago, I experienced simultaneous waves of horror and jealousy toward my investment-banking cohorts so strong that, for a moment, I wondered what it would be like to be an exhausted but well-paid shell of my former self. I also had such sudden feelings of moral inadequacy compared to the wunderkind that I would glance at my $15 well drink and ask whomever was around (sometimes a stranger, sometimes to myself): “What am I doing in New York...
...corporate bonds. Recently, Vanguard's Term Tax Exempt fund, a huge muni fund with $21 billion in assets, had an implied yield of about 3%, according to Regent Atlantic's Cordaro. A similar corporate bond fund, BlackRock Intermediate Bond II, had yield of 8.5%. Even assuming a 35% tax bracket, the corporate bond fund is yielding nearly double the muni fund...