Here are some general pieces on inequality for your weekend reading. The New Yorker – ……..Piketty believes that the rise in inequality can’t be understood independently of politics. For his new book, he chose a title evoking Marx, but he doesn’t think that capitalism is doomed, or that ever-rising inequality is inevitable. There are circumstances, he…

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Why Runners Can’t Eat Whatever They Want

Bad news for endurance athletes. As a 10-mile-a-day runner, Dave McGillivray thought he could eat whatever he wanted without worrying about his heart. “I figured if the furnace was hot enough, it would burn everything,” said McGillivray, who is 59. But a diagnosis six months ago of coronary artery disease shocked McGillivray, a finisher of…

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Job Opening

If anyone is interested Cambridge University has an opening for the Lucasian Chair of mathematics. Previous holders include  Issac Newton,  George Stokes,  Charles Babbage,  Paul Dirac and   Stephen Hawking. I am actually surprised by the advertisement since I thought they generally had someone earmarked for the job when the tenure of the incumbent ended.

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The World Is Full Of Morons

Have you ever wondered why the world is like it is. I have to admit I used to ponder this question all the time but then I spent more time with people and began to realise that the majority of people are functional morons barely able to muster enough cognitive ability to wipe their own…

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Luck and Skill Untangled: The Science of Success

The world around us is a capricious and often difficult place. But as we have developed our mathematical tools with increased sophistication, we have in turn improved our ability to understand the world around us. And one of the seemingly simple places where this occurs is in the relationship between luck and skill. We have…

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Afghanistan’s First Spaceman Returns Home

In 1988, just as the Soviet army was preparing to pull out of Afghanistan, a rocket blasted off carrying the first and only Afghan to travel into space. Abdulahad Momand returned to earth a hero – but within three years he was forced to flee the country. “When I was little I used to look…

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Why The Media Is Crap

One of the greatest things that that traders/investors can do to improve their chances of success is to remove themselves from any form of contact with the mainstream media. The last thing you want to be doing is taking any notice of talking heads in the media. As evidence of this consider this piece of…

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Ego Depletion

In the 1990s, Baumeister and his colleagues spent a lot of time researching self-regulation through the careful application of chocolate. Self-regulation is an important part of being a person. You are the central character in the story of your life, the unreliable narrator in the epic tale of your past, present, and future. You have…

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The Man Who Destroyed America’s Ego

Through his work, Baumeister has attempted not only to understand his father, but to escape him and the powerful influence of his ideas. Instead of political ideology, he adopts the methods and disciplines of science. But isn’t it true that all scientists, no matter what their intelligence or learning, believe their data is the best? Nobody is…

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The Story Telling Ape

Every so I often I get an email from someone asking whether they should buy or sell a given stock. My answer is always the same I cannot offer you advice and do your own thinking. However, recently I got such a request regarding Echo Entertainment that interested me. As you can see from the…

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I must admit that I am not fully up with Bitcoin so for my own education I put together a series of links. Is Bitcoin the Future of Money? from Maps ofWorld   CoinDesk State of Bitcoin 2014 from CoinDesk   What Is Bitcoin & What Can You Do With It? from Chris Mohritz  …

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