In 1997, Warren Buffett, the famous investor and multi-billionaire, proposed a thought experiment. “Imagine that it is 24 hours before you are going to be born,” he said, “and a genie comes to you.” “The genie says you can determine the rules of the society you are about to enter and you can design anything…
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I used to think that those that ran hedge funds got rich because of their incredible returns. Then I heard about the 2 and 20 fee structure that most hedge funds charged. The typical hedge fund fee structure (historically) is 2% of assets under management and 20% of all positive returns. Therefore, if you gave…
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As miracle cures are hard to come by, any claims that a treatment is 100% safe and effective must always be viewed with intense scepticism. There is perhaps one exception. Physical activity has been called a miracle cure by no less a body than the Academy of Medical Sciences (http://bit.ly/2lTqDvc); and, like those who avail…
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“To me, stillness is what makes life worth living,” Holiday says during our conversation. “If you have all the money in the world, all the power in the world, but you are frantic, at the mercy of your own thoughts, what’s the point?” More here – GQ
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Sir Peter J Radcliffe was awarded the 2019 Nobel Prize for Medicine for the work outlined in his rejected paper.
WE GET SO BUSY making a living, we forget that we need to make a life. Most of us are working until the end of the week, so we get to the weekend, only to start all over again. Surely there’s more to life than this? Sometimes it takes the most uncomfortable path to lead…
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“I have been through some terrible things in my life, some of which actually happened.” “20 years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your…
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