Cumulative 52 Week High-Lows

Every time I have the misfortune to accidentally be within earshot of a US news broadcast regarding markets it seems I am assailed by the magic 52 week high. The thinking behind this metric is quite sound – if stocks are making new yearly highs then the market is sound. Being a cumulative index it…

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Grit And The Secret Of Success

“Inspiration is for amateurs — the rest of us just show up and get to work,” Chuck Close scoffed. “A self-respecting artist must not fold his hands on the pretext that he is not in the mood,” Tchaikovsky admonished. “Show up, show up, show up, and after a while the muse shows up, too,” Isabel…

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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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