The Knowledge

Twenty-five thousand streets, 100,000 landmarks, 320 main routes criss-crossing the most congested city in Europe, all committed to memory. This is what it takes to drive one of London’s iconic black taxis. Since 1865, London taxi drivers have had to pass “the Knowledge of London,” a gruelling training course that requires knowing every street within a…

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The Impact Of News

This is quite a lengthy but interesting piece which forms part of a PhD submission.  I have snipped out a portion of the introduction that makes some interesting statements about the role of new in trader behaviour and the impact of news upon sophisticated and non sophisticated investors. The author uses an interesting technique for defining…

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I Suppose Analysts Reports Would Qualify As Pseudo Profound Bullshit

A new study has found that people who buy into “pseudo-profound bullsh*t” – the researchers’ words, not ours – are more likely to score on the low side for verbal and fluid intelligence, and are also more likely to believe in conspiracies and endorse alternative medicine. What exactly is pseudo-profound bullsh*t, you might ask? In…

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