Getting tired of hacking up the phlegmatic remnants of the flu
Beluga whale blows happy bubble rings.
“Don’t get me wrong: the guys from the lower third of the class who went to Wall Street had a lot of nice qualities. Most of them were pleasant enough. They made a good impression. And now we realize that by the standards that came later, they weren’t really greedy. They just wanted a nice house in Greenwich and maybe a sailboat. A lot of them were from families that had always been on Wall Street, so they were accustomed to nice houses in Greenwich. They didn’t feel the need to leverage the entire business so they could make the sort of money that easily supports the second oceangoing yacht.”
“So what happened?”
“I told you what happened. Smart guys started going to Wall Street.”
The hard sciences are interpenetrating the social sciences. This isn’t dehumanizing.
![Piano stairs with sound by VW [link]](http://26.media.tumblr.com/tumblr_krbab7aj7x1qzkmzwo1_500.jpg)
Piano stairs with sound by VW [link]
Damn those Twitter bots! Is there any way to require approval of new followers?
What do the following high-profile disasters have in common: World War I, Vietnam, the war in Iraq, the collapse of the banking system, and underpreparedness for natural disasters such as Hurricane Katrina?
According to Dominic Johnson at the University of Edinburgh and his pal James Fowler at the University of California, San Diego, the answer is that they have all been blamed on the all-too-human condition of overconfidence.
Q: … I told my wife that she should feel happy by how fondly I view her, as deciding to get married at a young age means that my opportunity cost of getting married was high, as I had a lot of years ahead of me. She said that’s the second most unromantic thing that I’ve ever said to her. Any suggestions on how I can reword this specific attempt of flattering her? — John
A. I would recommend introducing your wife to the theory of real option valuation.
