There is a line attributed to Ernest Hemingway — that the first draft of everything is shit — which, of all the beautiful things Hemingway has written, applies most powerfully to the ending of A Farewell to Arms. There are no fewer than 47 alternate endings to the book. Each one is a window into how much…
In recent years, a grassroots movement of physicians have begun prescribing time outdoors as the best possible treatment for a growing list of ailments, from anxiety and obesity to attention-deficit disorder and high blood pressure. Meanwhile, research institutes for nature and health are opening at major medical centers and a couple bold insurance companies are…
Financial markets are rife with stupid homilies and if we look at the strict definition of the word homily we get – a religious discourse which is intended primarily for spiritual edification rather than doctrinal instruction. That is something designed to make you feel good rather than teach you anything. If you are in trading…
I came across a piece titled The Best Ten Years Ever and being a student of market history I took more than a cursory glance. The article is filled with some very interesting charts based around the S&P500 and a series of metrics measuring performance. Things like this appeal to me because they offer a…
The first time hedge fund legend Paul Tudor Jones met quant maven John Overdeck was over a greasy meal of cut-price pepperoni pizza. It was January 2001, and the two were dining at the Pizza Hut in Greenwich, Connecticut — “my Sunday evening go-to restaurant,” according to Jones — to discuss a business plan for…
Back in 2009, a research team at Bangor University in Wales published a study showing that mental fatigue impairs physical performance. Subjects spent 90 minutes sitting in front of a computer screen either watching a bland documentary or playing a simple but focus-demanding computer game. Afterwards, when they hopped on an exercise bike for a time-to-exhaustion test,…
Gold goes up a fraction and everyone loses their friggen mind. My LinkedIn feed is alight with gold bugs who have gone all a quiver in their nether regions because gold has had a modest move up. Now I will agree that Linkedin has become like Facebook but for people with either a real job…
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