What is pain and why does it sometimes persist? In this week’s podcast, South Australian pain scientist Lorimer Moseley will surprise you about the real cause of chronic pain and what this understanding means for its treatment. Moseley, the Professor of Clinical Neurosciences at the University of South Australia, is helping to develop ways to…
NEW YORK — The hedge-fund industry is a secretive world led by tight-lipped titans who make more than $1 billion a year. It shouldn’t enjoy having its quirky habits probed on television. But that appears to be what is happening. On Showtime’s “Billions,” two larger-than-life adversaries, U.S. Attorney Chuck Rhoades and billionaire hedge-fund manager Bobby “Axe”…
Last week the financial media went all weak in the waterworks over the slippage in MYX, apparently they came out an said that things were not as rosy as everyone had thought. Shit happens move on, nothing to see here for everyone except both the media and local investors who don’t seem to be able…
Last week I posted this interview with NBA star LeBron James. James describes how at the age of 18 whilst living in both obscurity and poverty he made the very mature commercial decision to knock back a $10 million contract from Reebok – this contract whilst extraordinarily generous for someone who had never played professional…
Source – New York Times Click here for accompanying article
When mulling over possible reasons for the alarming nastiness associated with the recent presidential election in the United States, I am reminded of my grade-school bully. Handsome, often charming, superbly athletic, the bully (let’s call him Mike) would frequently, usually without clear provocation, kick, punch and shove other classmates. Fortunately, for reasons not apparent at…
Almost a decade ago Warren Buffett made a bet with Ted Seides then of Protege Partners a specialised asset management firm that the S&P500 would over the next ten years beat a selection of the hedge funds. With the bet nearing its termination date Seides has admitted defeat and in an article for Bloomberg sets out…
A post shared by UNINTERRUPTED (@uninterrupted) on Apr 29, 2017 at 11:12am PDT
I got bounced the table below the other day for comment which is interesting because my comments are generally so what. I have no idea where it came from so cannot vouch for its veracity. So treat it with the usual caution you apply to something you have not generated yourself. I am not certain…
Have you ever noticed that the poorest, most miserable people you know tend to be buyers of lottery tickets? C’mon lucky numbers 3, 10, 16, 22, 4, 50. I’m sure there’s a smart-sounding statistic somewhere lodged in a research report by some well-meaning PhD student who had to get funding from the So-And-So Foundation to…
With the market making a valiant effort to push past 6,000 points I have been pondering where the gains in the market have come from over the past few years. In the past I have looked at the distribution of returns across groups of shares simply from the perspective of demonstrating that within a universe…
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