Nomura Holdings said it placed an employee on administrative leave who was responsible for bringing […]
As you may have heard, earlier today, people working in 2 World Financial Center were evacuated from the building after a suspicious package was flagged by security. Initial reports claimed it contained a grenade; obviously this was cause for alarm and would have continued to be had the NYPD determined it to be an actual grenade and not a “grenade-like novelty item,” mounted on a plaque with a sign that says “Complaint Dept. Pull Pin.” Now that it’s clear everyone is safe (and at least mildly buzzed), a few questions need answering.
1. Who sent this thing? Was it:
a) A person whose sense of humor involves putting something like the above (or a sign that reads “I can only please one person per day. Today isn’t your day…and tomorrow don’t look good either”) on her desk.
b) An idiot friend of someone who works in the building.
c) An rival bank trying to disrupt Nomura trading
2. Assuming the item was purchased by someone working in the building, when do you think it dawned on him or her that they were responsible for having the building evacuated?
3. What will the consequences for the sender be, legal and professional? Senior Jailhouse Correspondent Matt puts the probability of prison time at 1.37 percent.
The more frequently you monitor your portfolio, the more likely you are to observe a loss.
This is likely to cause short-sighted decisions and could hurt your investment performance.
If you are checking your portfolio more than once per quarter, you’re doing it too much.
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Dan Egan, Betterment Director of Behavioral Finance and Investing