The personal-finance guru learned from her mother’s example “that women can be active and extremely competent managers of money.” Now she’s sharing that lesson—and more gained over her 25 years as a business journalist and experience as a small-business owner—in a new book.

Hedge funds are risky—and sometimes highly lucrative. A growing number of Penn alumni find that combination irresistible.

Penn's ambitions have always strained its (relatively) modest resources. How the University keeps up with the Joneses—and the Harvards, Stanfords, and Yales—in a very expensive neighborhood.