Where Do The Wealthy Stash Their Coin?
….here’s a hint its not gold under the bed…. More here – VisualCapitalist
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More On Sensation Seeking Money Managers
Sugata Ray conducts the most fun research. From his post teaching and researching at the University of Alabama, he studies disparate influences on asset management and market microstructure. He has looked at the effect of personal real estate transactions and “marital events” on the productivity and risk tolerance of hedge fund managers. We caught up…
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A hypothesis of sudden body fluid vaporization in the 79 AD victims of Vesuvius
Fascinating but horrible….. Long story made short – they went pop. Abstract In AD 79 the town of Herculaneum was suddenly hit and overwhelmed by volcanic ash-avalanches that killed all its remaining residents, as also occurred in Pompeii and other settlements as far as 20 kilometers from Vesuvius. New investigations on the victims’ skeletons unearthed…
DetailsIt’s Better To Be Born Rich Than Gifted
The most telling part of the piece – The least-gifted children of high-income parents graduate from college at higher rates than the most-gifted children of low-income parents.” No doubt this is a universal phenomena. The graphic below shows that the raw material for being successful is evenly distributed across socio-economic groups but the expression of…
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Scuba Diving Magazines 2018 Underwater Photo Contest Winners
More here – Scuba Diving
S&P500 Daily Returns
With the US market having a conniption overnight I thought I would play with excel at look at those periods where the market had fallen by 2% or more in a session. The first thing I noticed was how few falls there are of this magnitude or greater even going back to 1950. As you…
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Funniest Thing Of The Day
I got this little mailer from IG Markets and it contained the following closing paragraph. The lesson the day is…..read your history it is surprising what it tells you about today.
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Companies Are Stupid
Given that they are run by people it shouldn’t be any surprise….. J F C Fuller did not invent the tank. That distinction should probably fall to E L de Mole, an Australian who approached the British war office in 1912 with a design that was — in the words of historians Kenneth Macksey and…
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