Thursday, May 21, 2015

What I have learned today [2015/5/21]


1. Chinese casanova with 17 girl friend is charged with fraud. Wow, he must really have a good memory and organization skills.

2. Mountains have many shapes. Did not know that.


3. Man strips naked to protest against delayed flight. Wow...he must have been really upset.

4. Machine learning backed by super computers are in sweeping Wall Street. More quant trading will hopefully make markets more efficient but I predict more crashes and booms as the algorithms are correlated and just due to errors. As a value investor, this will create some good opportunities but I will always make sure to be well hedged.

5. 80% of retail company cost is tied to real estate! Wow...no wonder Amazon is steamrolling all the retailers.

6. During the 18th century in England, bandits robbed wigs. I guess wigs were the Rolex of the 18th century.

7, There is tremendous food waste in the US. We can stop this loss by accepting less than perfect fruits and donating whatever is not accepted into markets to the poor.




*From Snapshot Sergenti

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