“I’d like you to underperform your benchmark by a consistent 200 basis points for the next six months.” Imagine making this statement at your next fund manager meeting. It’s likely that those sitting across the table would look at you quizzically and ask you to repeat the instruction. You’d say again—stressing this time—that you’d like your…
On a deserted trading floor, at the Tokyo headquarters of a Swiss bank, Tom Hayes sat rapt before a bank of eight computer screens. Collar askew, pale features pinched, blond hair mussed from a habit of pulling at it when he was deep in thought, the British trader was even more disheveled than usual. It…
You can guess what happened cant you….. The key players: Ed Crooks, energy editor of Financial Times, @Ed_Crooks Chris Nelder, energy futurist and author of “Profit from the Peak,” @chrisnelder Steve Levine, Washington correspondent of Quartz and author of “The Powerhouse,” @stevelevine Russell Gold, Wall Street Journal senior energy reporter and…
I have always been amazed when ships bang into things even today. It surprises me that whilst only travelling at jogging pace with unlimited visibility and the benefit of radar that they still seem to manage to hit things be it another boat. Which must be harder because it is also moving. Or simply trying to drive the…
At night we ride through the mansions of glory in suicide machines Sprung from cages out on highway nine, Chrome wheeled, fuel injected,and steppin’ out over the line H-Oh, Baby this town rips the bones from your back It’s a death trap, it’s a suicide rap We gotta get out while we’re young `Cause tramps…
….evidence gets in the way of being trendy… And yet, according to the new study, published in the Proceedings of the National Academy of Sciences, some hunter-gatherers from what is now Italy actually worked hard to eat carbs. They developed tools and multi-step heating technologies to process different grains, particularly oats and acorns. To figure…
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