Best Of The Web
“Watching how paint dries is not most people’s idea of fun. Nor is watching a sandpile grow, grain by grain. Or is it?
Scientists are not like most people. Some became quite intrigued by what happens to a sandpile as it grows. Their exploration led to break-through insights about stock market risk.
The bottom line: As a sandpile grows, all sort of sand “avalanches” take place, but it is impossible to predict how big or how often they occur. Sometimes a few grains roll down the slope, while occasionally a large avalanche carves a big section of the sandpile. The size and frequency of those avalanches, mathematically speaking, bear a notable resemblance to the size and frequency of earthquakes, solar flares, river floods, forest fires, and stock market returns. Intriguingly, all of them have defied attempts at prediction. The question is why.
One disconcerting aspect is that large avalanches, epic earthquakes or giant forest fires do not seem to be very special: They appear to be just less frequent, scaled-up versions of small ones. If this is true, then a stock market crash may not be special at all, but merely a larger-than-usual down day, and just as unpredictable. This would present a big challenge to traditional investment methods.”
JJ Best Of The Web
“The great sticking point—around the Irish border—has always been there.”
“Congress and the president have historically reined in the justices when they’ve gone against public opinion.”
Great schools, low prices, less partying, less anti-Zionism. Why not send your kid to school in Israel?
“Writers from the sitcom’s original run weigh in: ‘You’re not telling a story about a strong matriarch anymore. It’s something else.’”
Sears was Amazon in a time before Amazon. Now they’ve declared bankruptcy.
“When we die now, we leave a multitude of digital relics behind. Can we grieve properly for those we love when the dead remain with us?”
On sensitive issues, most Americans are censoring themselves.
“Bookish, which sounds a bit like Jewish, is the word I use to describe lives that are dominated by books.”
Personality development might be more influenced by siblings than it is by parents.
Are avocados, almonds, melon, kiwi or butternut squash suitable for vegans? Nope!
“Scientists bred healthy baby mice from same-sex parents for the first time.”
“Perhaps there was something too primal about it, the associations with blood and the female body and sexuality, the act of immersing naked in rainwater.”