H.L. Mencken once wrote, “… there is always a well-known solution to every human problem — neat, plausible, and wrong.” Now, more than a hundred years later, and it’s still obvious that Mencken knew what the heck he was talking about. For example, in the 10+ years I’ve spent helping build residency programs, I’ve heard my share of overly simplified theories about what is behind the perpetual shortage of physicians. The one that people are most likely to cough up is, “Reside

Comfort is a tricky thing. We all want it, complain when we don’t have it, and build our long-term goals around finding it. Yet, for all its glory, comfort is most often found in our daily lives as a convenient way to rationalize the tough decisions we are forced to make. Comfort is effective because it bypasses complex organization dynamics: The best choice is usually the one that makes the most (or the most important) people comfortable. This has led to the phrase “I’d

One of the oldest maxims from the stock market (and still included on nearly every prospectus for shareholders) is “past performance is not indicative of future success…” Put more bluntly, just because you’ve been successful in the past does not guarantee that you’ll be successful in the future. That maxim continues to ring true largely because the stock market (and the world itself) is constantly changing, and every minute that are hundreds of factors, influencing thousands