The Biz of Life: Fact of the Day: Medicare

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Medicare loses seven times as much money in fraud every year than the combined profits of the 14 health insurance companies on the Fortune 500.

The Grouch: I am a fifty-something year old father of three who has been happily married for 25 years. I am interested in money management, and software development. I've been a steady investor for all of my life and have typically been successful when I've followed my own instincts, and been less successful when following the advice of others. Some of the people I look up to in the investment world are Warren Buffett, John Templeton and Jack Bogle.

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