First, think about how you might explain a topic to your friend:

• What words and phrases would you use?
• How would you position your opinion?
• What tidbits or examples would you lean on to get your point across?

For many corporations, task switching has become a requirement of the job.

• One study points out that time spent on collaborative activities has increased by 50% over the past two decades.
• Open office floor plans are still common, but the

Let’s say you’ve become convinced of the efficacy of value investing and you’re able to come up with an estimate of intrinsic value for a stock or other asset. Let’s even say your estimate is right. You’re not done. In order to know what action to take, you have to look a...