A study set to appear soon in the Journal of Accounting Research asks whether deceptive chief executives and chief financial officers give themselves away by the language they use in the course of their conference calls. David F. Larcker and Anastasia Zakolyukina, both of Stanford University, Graduate School of Business, have developed prediction models (though still rather…
I found this chart that I generated a few years in my archive folder. It looks at $100,000 invested in either cash or the average return of the top 200 superfunds I should update it to see if the general pattern holds true in the current environment. My guess is that it probably does and…
One of the joys of live music is that you are there the moment beauty is created – when reading a book or viewing a painting your participation is well past the act of creation and in my view that is somewhat isolating. Live music is a shared cultural experience.
I went for a long bike ride today. I needed to get out and clear my head. The sun was shining, daffodils were emerging along the riverside bike path, dogwood trees were in bloom and at one point I thought to myself, “Yeah, life goes on.” Pretty corny, and maybe even a bit selfish given…
Social media is the gift that just keeps on giving. Dropped into my LinkedIn page this morning to see a fund manager – that is someone who takes other peoples money and trades it proclaim that the recent rise in the price of orange juice futures was because people thought vitamin C was good for…
Charles Darwin is ever with us. A month seldom passes without new books about the man, his life, his work, and his influence—books by scholars for scholars, by scholars for ordinary readers, and by the many unwashed rest of us nonfiction authors who presume to enter the fray, convinced that there’s one more new way…
Sometimes if hardship is reframed it becomes more tolerable. More here – xkcd
In 1665, “social distancing” orders emptied campuses throughout England, as the bubonic plague raged, killing 100,000 people (roughly one-quarter of London’s population), in just 18 months. A 24-year-old student from Trinity College, Cambridge was among those forced to leave campus and return indefinitely to his childhood home. His name was Isaac Newton and his time…
One of the joys if you can call it that of being quarantined are long sessions in the gym at home and the rediscovered joy of actually listening to an entire album as opposed to jumping from song to song. Whilst clanging and banging yesterday I dropped Springsteen’s 1975 (fark that long ago) classic album…
