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Global Economy: The Typical Investor Myth - Newsweek.com
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"I'm supposed to be a specialist in the capital markets, but I want to confess that many times I know nothing. How can I not foresee the future and any junior analyst can tell me what's going to happen?" In laying out the modern case against active asset management, Aharoni name-checked the efficient markets hypothesis, Nassim Nicholas Taleb's The Black Swan, and ran through a bunch of gems from the behavioralist playbook (like those surveys that show most people think they're above-average drivers).
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Aharoni assembled a series of analysts' quotes making foolish and wrong short-term market projections, and displayed a chart showing that out of a few dozen Israeli investment funds, only three beat their benchmark indices over eight years.
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Privacy groups file FTC complaint against Facebook - MarketWatch
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The move could push users to share more information to a broader audience, mirroring the structure of Twitter, the increasingly popular microblogging service. It also theoretically could create more opportunities for online marketers.
The Seminal » Insurance company stocks “on fire” – they’re winning, we’re losing
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16 years ago, before most of the insurance companies were publicly traded, they spent 95% of premium dollars on health care. That level is comparable to Medicare, which spends 97% of premium dollars on care. But once these companies went public and started trading on Wall Street, the relentless drive for profit drove down that percentage to where it sits today, at 81%.
Acid Oceans: The 'Evil Twin' Of Climate Change
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MONTEREY BAY NATIONAL MARINE SANCTUARY, Calif. — Far from Copenhagen's turbulent climate talks, the sea lions, harbor seals and sea otters reposing along the shoreline and kelp forests of this protected marine area stand to gain from any global deal to cut greenhouse gases.
These foragers of the sanctuary's frigid waters, flipping in and out of sight of California's coastal kayakers, may not seem like obvious beneficiaries of a climate treaty crafted in the Danish capital. But reducing carbon emissions worldwide also would help mend a lesser-known environmental problem: ocean acidification.
"We're having a change in water chemistry, so 20 years from now the system we're looking at could be affected dramatically but we're not really sure how. So we see a train wreck coming," said Andrew DeVogelaere, the sanctuary's research director, while out kayaking this fall with a reporter in the cold waters.
Nothing in the treaty negotiations specifically addresses the effects of carbon absorption in the oceans on marine life, which studies show is damaging key creatures' hard shells or skeletons.
Oceans absorb about 25 percent of the world's greenhouse gases pumped into the atmosphere from human activities each year, says a new U.N. report released at the Copenhagen talks this week. That helps slow global warming in the atmosphere, the focus of the Copenhagen talks.
But carbon dissolving in oceans also forms carbonic acid, raising waters' acidity that damages all manner of hard-shelled creatures, and setting off a chain reaction that threatens the food chain supporting marine life, including the lumbering sea mammals along the 276-mile coast of the California sanctuary and the rest of the U.S. West Coast.
By 2100, the report said, some 70 percent of cold water corals – a key refuge and feeding ground for commercially popular fish that also are food for the seals and otters – will be exposed to the harmful effects.
Ocean acidity could increase 150 percent just by mid-century, according to the report by the Secretariat of the U.N. Convention on Biological Diversity.
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</script>"This dramatic increase is 100 times faster than any change in acidity experienced in the marine environment over the last 20 million years, giving little time for evolutionary adaptation within biological systems," it said.
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"The trouble is, there's more than one thing going on," he said, citing other effects of climate change that bring, for example, "milder winters, so the deep ocean is getting less oxygen down there."
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Recordable DVD Tutorial - TimeForDVD.com
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DVD-R/RW Format
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The DVD-R/RW format consists of the write-once DVD-R
(spoken as “DVD dash R”, not “DVD minus R”) and - 24 more annotations...
Millions Drink Tap Water That Is Legal, but Maybe Not Healthy - Series - NYTimes.com
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And in Maywood, a city of 30,000 just southeast of downtown Los Angeles, tap water is often brown and tastes bitter, say residents. Many people don’t own white clothing, because they complain it becomes stained when it is washed.
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About three-quarters of the nation’s water systems are private entities, beholden only to their shareholders and the law.
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Op-Ed Columnist - Sorry, Senator Kerry - NYTimes.com
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Other than that, my favorite explanation comes from Jonathan Chait of The New Republic, who theorized that Lieberman was able to go from Guy Who Wants to Expand Medicare to Guy Who Would Rather Kill Health Care Than Expand Medicare because he “isn’t actually all that smart.”
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“When I sat next to him in the State Senate, he always surprised me by how little he’d learned about the bill at the time of the vote,” said Bill Curry, a former Connecticut comptroller and Democratic gubernatorial nominee.
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Most Earth-Like Extrasolar Planet Found Right Next Door | Wired Science | Wired.com
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The super-Earths themselves are too distant to be seen. Instead, astronomers infer their presence from subtle distortions in starlight, caused when photons travel through the super-Earths’ gravitational fields. Depending on the degree of distortion, astronomers can even calculate a planet’s mass.
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“Only rarely does a long-sought scientific frontier loom so prominently just beyond the horizon, that the next generation of instruments seems sure to reach it,” wrote Geoffrey Marcey, a University of California, Berkeley astronomer, in a commentary accompanying the findings. “They provide the most-watertight evidence so far for a planet that is something like our own Earth, outside our solar system.”
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Why Progressives Might Want To Kill The Health Care Bill
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Now all that's left is for everyone in America to become a family of four, earning $54,000, that feels comfortable burning between $4K and $9K a year on health care costs!
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And, of course, this all gets mooted if insurance companies are allowed to continue the practice of rescission in some form or another -- which the current bill allows -- because then they can continue to throw you off their rolls if you actually get sick.
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Steven Solomon: Obama, Palin, Copenhagen: The End Of Drinkable Water?
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At Copenhagen last week, Bill McKibben of 350.org warned of a looming, water-related doomsday tipping point that could render future climate change efforts moot--if warming temperatures thaw the permanently frozen Arctic soils to release its methane greenhouse gasses.
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While the impacts are complex, they fall unevenly and are further dividing human society--with water rich regions generally getting wetter and arid ones drier.
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