A Pseudorandom Walk Down Wall Street
Sort of says it all Via Abtruse Goose
DetailsThe Illusion Of Asymmetric Insight
In 1954, in eastern Oklahoma, two tribes of children nearly killed each other. The neighboring tribes were unaware of each other’s existence. Separately, they lived among nature, played games, constructed shelters, prepared food – they knew peace. Each culture developed its own norms and rules of conduct. Each culture arrived at novel solutions to survival-critical…
DetailsInteresting Workplace Restriction
Marine Corps Times is a family newspaper and we only rarely have offensive language in our stories. But this week the word “fart” appears in a story I wrote about the importance of trust between Marines and the Afghan national army soldiers they work with. I didn’t want to write this little blog entry about…
DetailsBonkers Chart Of The Day
This is taken from The Atlantic – it shows the runaway levels of debt among US students.
Outliers
It is now nearly two years since events conspired in such a way as to send bushfires of unparalleled size and ferocity across Victoria. The time between then and now has been spent dissecting why the fires were so bad, our response so inadequate and how to avoid such an occurrence in the future. To…
DetailsDecision Fatigue
You may want to pay attention to the physical timing of your decisions to enter new trades. Decision fatigue helps explain why ordinarily sensible people get angry at colleagues and families, splurge on clothes, buy junk food at the supermarket and can’t resist the dealer’s offer to rustproof their new car. No matter how rational…
DetailsWho Cares
Having risen by a third since the beginning of 2011 and nearly fivefold since 2004, one analyst believes the precious metal is now in bubble territory and an “absurdity”. “Gold is not money and has no investment yield and in fact incurs carrying/storage costs. With the 10 year US treasury rate at 2 percent and…
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