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"I strongly suspect these patterns are driven mostly by customers, i.e., that more accurate professionals would be less successful in inspiring confidence by others in them. If you are a successful professional, that is probably in part because of your unjustified arrogance."
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"We all have preconceived ideas about what hummingbirds’ lives are like, but so much of their world is imperceptible to the human eye. Filmmaker Ann Prum describes the breakthrough science and latest technologies that allowed her and the crew to reveal incredible new insights about these aerial athletes."
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"The remaining charts compare market performance since 2000 with the equivalent elapsed time following the peak in 1929. As the final chart shows, the current real total return over the past decade is worse than the performance over the equivalent timeframe during the Great Depression."
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"Here is the trailer for Inside Job, Charles Ferguson's upcoming documentary about the financial crisis of 2008. Looks like interesting and well-done stuff."
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"I think every body who’s breathed the air around eco nom ics gets the the sis that money is an eco nomic prod uct sub ject to sup ply and demand like any other. But to actu ally see it bro ken down as analy sis of dis crete things — a fiat cur rency backed by the full faith and credit of the US gov’t but whose weight and mate ri als and cost and dura bil ity and shape all turn out to be cru cial to its suc cess or fail ure — man, it’s another thing altogether. "