Every day, the same, again

2.jpgFinancial domination involves the payment of cash or gifts from a wish list by a money slave to a money mistress, financial dominatrix, or findomme. Although financial domination clearly elicits sexual arousal for clients, the relationship can also be exclusively psychological and focus on the relinquishing of control to a money mistress for a prescribed period.

American CEOs make 351 times more than workers. In 1965 it was 15 to one

What Scientists Saw When They Put a Crocodile in an MRI Scanner and Played Classical Music

Adult female giraffes who spend time in larger groups with other females live longer than less sociable individuals

Generic drugs are considered equal to and interchangeable with one another — and also with the name brand. This gospel has existed since 1984, when a law known as Hatch-Waxman was passed, allowing companies to make drugs that had gone off patent without having to replicate the same expensive clinical trials. For the most part, all they had to do was prove that the generic was manufactured using good practices and worked in the body in a similar way, within an acceptable range. […] Major companies have been caught faking and manipulating the data that is supposed to prove that drugs are effective and safe. Probable carcinogens have been discovered in the drug supply. [NY Times]

To understand why pathogens can spread through the air, it helps to understand just how much of it we breathe. “About eight to 10 liters a minute,” says Catherine Noakes, who studies indoor air quality at the University of Leeds, in England. Think four or five big soda bottles per minute, multiply that by the number of people in a room, and you can see how we are constantly breathing in one another’s lung secretions.

Pairs of electrons and positrons—particles of matter and antimatter—can be created directly by colliding very energetic photons, which are quantum “packets” of light. This conversion of energetic light into matter is a direct consequence of Einstein’s famous E=mc2 equation, which states that energy and matter (or mass) are interchangeable. Nuclear reactions in the sun and at nuclear power plants regularly convert matter into energy. Now scientists have converted light energy directly into matter in a single step.

When caterpillars of a beautiful butterfly were introduced on to the tiny island of Sottunga in the Åland archipelago, scientists hoped to study how the emerging butterflies would disperse across the landscape. But researchers did not realise that their introduction of the Glanville fritillary (Melitaea cinxia) led to the emergence of three other species on to the Baltic Sea island, which sprang out of the butterfly like Russian dolls. Some of the caterpillars contained a parasitic wasp, Hyposoter horticola, which bursts from the caterpillar before it can pupate and become a butterfly. Living inside some of these small wasps was another even tinier, rarer parasite, a “hyperparasitoid” wasp known as Mesochorus cf. stigmaticus. It kills the parasitic wasp around the same time as the wasp kills the caterpillar, and emerges 10 days later from the caterpillar’s carcass.

El Salvador’s Bitcoin Law: The system doesn’t work, the currency crashed, and the public hates it.

Your hedge fund is in the business of getting “edge.” It wants to know things that other people do not know, in order to buy the stocks that will go up. One way to get edge is to bribe the assistant treasurer of a public company to give you the company’s earnings release in advance, but this is strongly disfavored and your hedge fund has effective policies against it. Another way to get edge, quite popular these days, is to buy “alternative data.” Somebody has a satellite and they fly it over mall parking lots and count up the cars in front of each store, and you pay them and they give you those numbers, and then you buy the stocks of the stores with lots of cars in front of them, and then a month later those stores announce good earnings and you make a profit. The car-counting is a classic story of alternative data, but the way alternative data mostly works in practice is that a lot of people use apps on their mobile phones, and everyone involved in the mobile app business is harvesting data and frantically selling it to each other and to hedge funds.

I don’t expect this will be the next “big” search engine. This is and will remain a niche tool for a niche audience.