Would You Take This Bet?
Take Me Out To The Ball Park
The Americans have at the centre of their sporting culture three of the most boring games ever invented. A game of gridiron can last some three hours but only around 12 minutes of that is actual playing time, the rest is commercials and replays of the paltry 12 minutes of playing time. Basketball consists of…
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Fun With Margin
Its a slow day for me so when I am bored I tend to begin to generate dodgy charts and tables in excel. I thought I would have a look at the level of margin on the NYSE. Margin is thought to be a barometer of market health both in terms of the perceived willingness…
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Numeracy and Wealth
Abstract Numeracy is defined as the ability to understand and use numerical information. We examined the relationship between numeracy and wealth using a cross-sectional and a longitudinal study. For a sample of approximately 1000 Dutch adults, we found a statistically significant correlation between numeracy and wealth, even after controlling for differences in education, risk preferences,…
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I spotted this chart this morning – it looks at the percentage of Americans with direct investment in equities. There are a few things about this chart that caught my eye. The first was the obvious decline, Gallup attribute this to a shrinking number of middle class American being involved in the markets. This may…
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Economists
I has completely forgotten about this. Click on the pic to be taken to a great little time waster.
Welcome To Iceland
Kviabryggja Prison in western Iceland doesn’t need walls, razor wire, or guard towers to keep the convicts inside. Alone on a wind-swept cape, the old farmhouse is bound by the frigid North Atlantic on one side and fields of snow-covered lava rock on another. To the east looms Snaefellsjokull, a dormant volcano blanketed by a…
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