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BIO

Cliff Mason is the author of Millennial Money. He is the Senior Writer of CNBC's Mad Money with Jim Cramer, and has been that program's primary writer, in cooperation with and under the supervision of Jim Cramer, since he began at CNBC as an intern during the summer of 2005. Mason was the author of a column at TheStreet.com during 2007, which he describes as "hilarious, if short-lived." He graduated from Harvard College in 2007. It was at Harvard that Mason learned to multi-task, mastering the art of seeming to pay attention to professors while writing scripts for Mad Money. Mason has co-written two books with Jim Cramer: Jim Cramer's Mad Money: Watch TV, Get Rich and Stay Mad For Life: Get Rich, Stay Rich (Make Your Kids Even Richer). He is 100% responsible for any parts of either book that you did not like. Mason has also had a fruitful relationship with Jim Cramer as his nephew for the last 23 years and will hopefully continue to hold that position for many more as long as he doesn't do anything to get himself kicked out of the family.


Current DateTime: 11:59:47 30 Nov 2009
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Current DateTime: 11:59:47 30 Nov 2009
LinksList Documentid: 30213010
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Mar.09
9:21 AM ET
Monday, 9 Mar 2009
Revenge Of The Nerds - Not

Nerd
Via Steven Levitt there's a new study showing that it pays to be popular in high school.

Here's his summation if the results:

"They find that each extra close friend in high school is associated with earnings that are 2 percent higher later in life after controlling for other factors. While not a huge effect, it does suggest that either that A) the same factors that make you popular in high school help you in a job setting, or B) that high-school friends can do you favors later in life that will earn you higher wages."

Come on, you've gotta be kidding me.

I thought the geeks were supposed to inherit the earth.

What happened to Revenge of the Nerds?

Isn't the whole darned point that all the uncool kids will get their revenge on the popular types by being, well, a lot wealthier when they grow up?

We need some more evidence here. I can't let this stand. How can we live in a world where the losers in high school are, well, losers for life? Man, that's depressing. And the people with lots of close friends who were on the football team?

They get to win?

If "the same factors that make you popular in high school help you in a job setting," it's no wonder we're headed for a repeat of the great depression. We gave the jerks in the polo shirts the keys to the economy.

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