The article opens with Nathan Fielder's documentary “You Can See Everything,” which follows Elizabeth Holmes, the founder of Theranos who was convicted of fraud in 2022 and sentenced to 135 months in prison. It then offers advice for handling a co-worker who repeatedly makes false or overly optimistic claims. The author recommends separating the person from their behavior, comparing past promises with actual results to build realistic estimates, and setting milestone checkpoints to spot problems early. When you lack the power to act alone, the article suggests seeking outside support and witnesses, since misinformation is harder to deny when others are present.
Summary written by Upside AI from the original article. Read the source for full details.
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Eight people aged between 31 and 61 were charged on October 8 with making false declarations in work pass applications involving CPF contributions. In a statement on Friday, October 16, the Ministry of Manpower (MOM) said seven employers and an administrative assistant falsely declared that CPF contributions were for local employees who did not actually work for them, known as phantom workers. The false declarations were allegedly made to obtain work passes illegally, an offence under the Employment of Foreign Manpower Act that carries a fine of up to $20,000, up to two years' jail, or both. Three phantom workers will face administrative financial penalties for fraudulently receiving CPF contributions, and MOM said it has stepped up investigations and will take firm enforcement action.
- It complicated but a little leg work can get you a better savings interest rate
The commentary says old-school online savings accounts now pay at most 5.5% after four rate rises this year, while many banks offer conditional bonus accounts whose base rates are tiny. RACQ's Bonus Saver pays 6.01% only if you deposit at least $100 and make no debit transactions each month, with a base rate of 0.01% and just 3.75% on balances above $99,999. Bank of Queensland's Future Saver can pay up to 6.05% for 14 to 35-year-olds, while ING's Savings Booster offers a 2.5% base rate and 3.15% boost rate with easier conditions. Many "sugar hit" offers last only three or four months, so the fine print matters. The article also notes the Australian government scheme covers only up to $250,000 per institution.
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In this Motley Fool Hidden Gems Investing podcast, analyst Jason Moser interviews Ron Johnson, who created the Apple Store and wrote the book Shop Different. Johnson recalls joining Apple in late 1999, when the company had been largely defeated: after Steve Jobs returned in 1997, Apple held 5% market share against Microsoft's 95%, which he compared to a baseball game trailing 19 to one. The conversation also covers his career path from Harvard Business School to Target, what Steve Jobs cared about, why he thinks new Apple CEO John Ternus does not need to rush, and the lessons from his very public stumble as CEO of JCPenney. The transcript provided is cut off partway through.
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Using data from NYU Stern professor Aswath Damodaran, the S&P 500 gained about 10.6% a year with dividends reinvested from 1957 through 2025, yet only four of those 69 years (1968, 1993, 2004 and 2016) returned between 8% and 12%. Fifteen years lost money and 25 gained more than 20%; the best year was 1958 (about 44%) and the worst was 2008 (a fall of about 37%). The 10% average appeared more often over longer periods: 13 of 60 rolling 10-year periods, 27 of 50 20-year periods and 30 of 40 30-year periods landed in the 8–12% range, and every 30-year period gained between about 9.6% and 13.6% a year. As of writing, the index was up about 14% for 2026. The author considers 10% a sensible planning figure for buy-and-hold investors over 20 to 30 years, but not one to rely on in any single year.
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