Prosperity Blog

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The Hidden Cost or Value of Choices Aug 19, 2024

 

In life and business, every choice has a cost. Not just in terms of money, but also in terms of what we give up when we make that choice. This is known as the opportunity cost1.

What is...

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What is ROI: Measure the Success of Your Investment Aug 13, 2024

Understanding ROI: The Key to Measuring Investment Success

Return on Investment (ROI) is a crucial financial metric used by individuals and companies alike to measure the performance of an...

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What Is the Dunning-Kruger Effect? Aug 08, 2024

The Dunning-Kruger effect is a cognitive bias in which people with low ability in a subject overestimate their competence, while those with high ability tend to underestimate their competence[5]....

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