For those who feel they have heard everything. Saudi authorities have disqualified 43 camels from the King Abdulaziz Camel Festival in what’s being called the biggest-ever crackdown on camel beauty contestants in history, the Associated Press reported. The annual month-long festival sees the most beautiful camels competing for $66 million in prize money, with jurors scoring…
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Well, this looks bad….. Right up until you do this – It is interesting what a little bit of context with regard to short term noise does to our perception of events. I understand that that the somewhat overwrought financial media does need to fill column inches or whatever the internet equivalent is. I also…
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PS: Language warning
Being a leader requires confidence, decisiveness, and quick thinking–none of which are served by overthinking every decision or scenario or worrying about every move you make. There’s a time to think, a time to act, a time to reflect, and a time to move forward. Overthinking causes us to spend too much time thinking, getting stuck in a loop of…
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A common refrain in investing circles is to comment that there are too many mutual funds and/or ETFs in existence. “Why do investors and allocators need tens of thousands of funds to choose from?” they might say. And they’d be right. But what gets lost in that conversation is that the fund landscape would be…
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The next time you come across a piece either in the financial press or on social media touting the wonders of artificial intelligence (whatever that means) for trading consider this piece from the UK where a motorist was fined because the AI responsible for dishing out penalty notices confused the T-shirt of a woman walking…
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This is definitely from the well that’s weird file. But there may be something in it as a universal rule. Abstract We collected 299 frontal face images of 2017 cabinet ministers from 15 post-Soviet states (Armenia, Azerbaijan, Belarus, Estonia, Georgia, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine and Uzbekistan). For each image, the…
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It’s been one of those days, maybe I am underselling this, let’s call it one of those years…. In 1976, a professor of economic history at the University of California, Berkeley published an essay outlining the fundamental laws of a force he perceived as humanity’s greatest existential threat: Stupidity. Stupid people, Carlo M. Cipolla explained, share…
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