The AFR Prints Something Useful….Jaw Hits Floor

For a man who has built a $US30 billion  hedge fund empire on the prowess of artificial intelligence, David Harding is  as human as you can get. The 55-year-old founder of London-based Winton Capital Management’s personal fortune of $US1.5 billion is irrefutable proof that systematic trading can work, and works spectacularly well. But that does not make him…

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How Can This Be?

The Land Rover Defender is boxy, beastly and beloved. Early next year, it’ll be history. For seven decades, the Defender off-road vehicle has barely changed from a design so simple it was originally sketched in beach sand. Slabs of aluminum. A windshield with virtually no tilt. A roof rack made to hold steamer trunks or lion…

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The Lure Of Luxury

Why would anyone spend thousands of dollars on a Prada handbag, an Armani suit, or a Rolex watch? If you really need to know the time, buy a cheap Timex or just look at your phone and send the money you have saved to Oxfam. Certain consumer behaviors seem irrational, wasteful, even evil. What drives…

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