Wednesday, June 24, 2015

What I have learned today [2105/6/24]


1.Fake bomb detector scam kills many in various countries. This is what I call heinous...I never condone crimes but this is really bad...

2. Rural US is having drug outbreak. We should really start treating the addicts. Busting will not be as effective. Treating the addicts and giving reasonable jobs could help. Let's pray for the Rural US areas.

3. Moderate workout promotes healthy life. Yup, encourage your neighbors and friends to walk a bit and do some push ups :D

4. Pension funds underperform....well, when people manage other people's money and there are no severe consequences...this is what happens. It is not that pension fund managers are evil, it is just that the incentives are not well aligned. Also, it is uncertain where the pension investment officers would be 20-30 years from now when their investment decisions are fully unraveled. Furthermore, the pension investment officers have a point that hedge fund do well in certain occasions. However, do remember that most hedge funds underperform after fees.

5. Nobody knows why we still sneeze when see bright light.



From Snapshot Serengeti

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