What I have learned today [2015/3/31]

1. I have learned the mosquitos are attracted to the carbon dioxide we exhale.

2. I have learned that Yale Endowment model is not for everyone. Yes, every endowment should create its own model.

3. I have learned that Korea Investment Company is trying to invest in LA Dodgers, which is really a bad investment given that sport teams are not really a good investment. Remember, most teams are owned by billionaires as passion/hobby, not investment purposes. Remember, the most important investing lesson is never lose money, never lose money, and never lose money. Why is Korea Investment Company investing in LA Dodgers? Because everyone loves sports and probably one of the managers want to get box tickets....a classical agency problem...

4. McDonalds has come up with a cloth line in Sweden. Ok, this is either a brilliant PR campaign or someone at the top has lost it, or McDonalds is being super innovative by venturing to untested areas by pilot programs.
 
5. Today, I have learned that Daniel the prophet from the bible used control experiments to prove his point (Daniel 1, 12-15)
 
[Experiment: Treatment and control group]

Daniel then said to the guard whom the chief official had appointed over Daniel, Hananiah, Mishael and Azariah, ¹² “Please test your servants for ten days: Give us nothing but vegetables to eat and water to drink. ¹³ Then compare our appearance with that of the young men who eat the royal food, and treat your servants in accordance with what you see.” ¹⁴ So he agreed to this and tested them for ten days.

[Experiment: Results]

¹⁵ At the end of the ten days they looked healthier and better nourished than any of the young men who ate the royal food. 

[Policy Recommendation]

¹⁶ So the guard took away their choice food and the wine they were to drink and gave them vegetables instead.

Whoa! Daniel was so wise and soooo ahead of his time ^^

All wisdom comes from God. For the LORD gives wisdom; from his mouth come knowledge and understanding (Proverbs 2, 6)

 

6. Jesus loves us so much that even before the end, He wants people to repent and receive His love and grace. Book of Revelations is scary but if you read it carefully, you also realize how much God loves us and want us to repent and come under His grace.




*From Snapshot Serengeti

Please share in the comments what you have learned today ^^