There Are Now More Indices Than Stocks
More here – Bloomberg
My Beautiful Delusion
In my readings I came across the following chart and it got me thinking about the nature of delusion – It is no secret that we lie to ourselves, we have a strangely filtered view of all of our qualities and flaws. My guess is that most of the time these delusions serve to protect…
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The Myth of The Successful Dropout.
Interesting little chart from The Conversation. The data is US derived but it would seem broadly applicable to anywhere. This also tallies with the surplus of data that links everything from life expectancy, general health and life satisfaction to education. The simple rule seems to be, the more you get the better you do at…
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How Athletes Train Their Minds for the Olympics
During the women’s downhill race on Wednesday, Bode Miller, who has been an NBC color commentator for the alpine ski events at this Olympics, offered some insight on the mental toll of his former profession. “Everyone says that the pitcher’s mound is the loneliest place in sports. I would say the Olympic start gate is…
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The Things You Remember
I had occasion the other day to take the bus into be detailed by someone who knows what they are doing as opposed to detailers employed by car yards, who all seem to be 16 years with no a clue as to how to use a buffer. My detailer is not that far from my…
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Living Well
Episode Info Here’s a controversial statement: contemplating your mortality will make you happier. Frank Ostaseski is a pioneer in end of life care and holds this to be true. Frank co-founded the Zen Hospice Project, the Metta Institute, and is the author of The Five Invitations: Discovering What Death Can Teach Us About Living Fully.…
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The Misguided Beliefs of Financial Advisors
Apparently financial advisers give shit advice because that’s the advice they give themselves….. Abstract A common view of retail finance is that conflicts of interest contribute to the high cost of advice. Using detailed data on financial advisors and their clients, however, we show that most advisors invest personally just as they advise their clients.…
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Why willpower is overrated
People with a lot of self-control — people who, when they happen upon a delicious food they don’t think they should eat, seemingly grin and bear the temptation until it passes — have it easy. But why? For a long time, the thinking was that these people are good at inhibiting their impulses. That they…
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