What surprised you the most in the movie’s portrayal of the impending financial collapse? It was surprising to me that some people, portrayed by Ryan Gosling and Christian Bale and others, actually got to the bottom of some of those mortgage products—figuring out that they were being fundamentally mispriced—when so many others didn’t. We had…
Occasionally you come across someone who is so clueless about probability as to leave you dumbfounded.
We all lie to ourselves – it is part of the human condition. Sometimes the lies are a simple mechanism design to protect our ego’s. Sometimes they are to create a more palatable or interesting narrative about our lives ala Walter Mitty. Occasionally they are designed to protect our psyche during turbulent moments when we…
Call it the optimism fallacy. It’s widely thought that staying happy and stress-free helps keep you healthy. But a massive study on the link between mood and mortality suggests that happiness actually has no effect on death rates. Other research that has found the opposite must have been mixing up cause and effect, says epidemiologist…
Scientists have long wondered if the human brain contains neural mechanisms specific to music perception. Now, for the first time, MIT neuroscientists have identified a neural population in the human auditory cortex that responds selectively to sounds that people typically categorize as music, but not to speech or other environmental sounds. “It has been the…
This is a long form piece that the New York Times excels at. It is sad and depressing but thoughtful and gentle. It is also worth reading this follow up piece on the comments to the original article.
Currently the media is awash for predictions for next year, some are optimistic, some are pessimistic and all are bullshit. The world would be a lot better off if idiots in financial markets who thought they could predict the future would just spontaneously self combust and leave the rest of us grown ups alone. So…
Christmas can leave us feeling out of breath. We almost all feel as though we don’t have enough time. Download this free podcast, created just for you by Louise Bedford and Michael Yardney, and you’ll discover: 1. How to focus on what’s really important so you get more done in less time. 2. One serious…
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