Viewing profile — gmunu

It's a metaphor he also puts to good use in his later book, the Righteous Mind. It's useful to seeing through your own righteousness and recognizing patterns in others. I enjoyed t…

The Happiness Hypothesis by Jonathan Haidt. You hear 'ancient wisdom' on how to lead the good life all the time. These ancient aphorisms came from a time before the scientific meth…

Not surprisingly, the qz.com article distorts the meaning of the original paper and looking at the comments, they seem to follow the false, but suggested interpretation of the pape…

Actually, I think the studies generally show that active mutual funds do beat the market, but before fees. Their alpha, while real, is tiny and more than eaten by their fees. Yet r…

Matt Levine gives a great rundown of this https://www.bloomberg.com/view/articles/2016-09-09/wells-far... ; you're exactly right, this wasn't Wells Fargo cheating customers. It was…

I've been to Spain once, went to Barcelona, and was robbed. I'd still go back to Spain and Barcelona though!

I never had the desire to read le Carré, even after seeing that movie that came out. But after reading this, I surely do.

No, no penalty needed. We shouldn't worry whether individuals are scientific or not, we should worry about whether our institutions are scientific. Just like in politics, people ar…

They aren't absolutely infertile, but in hunter gather societies this is handled by infanticide. When it isn't possible for a mother to support two children under the age of four, …

I've often thought the same thing. If I'm ever in an old cemetery, I walk through the graves and whisper names that are still legible to give the forgotten people one more time whe…

It doesn't look like the article is not about HFT in particular or even trading professionals in general. It's about academic articles, where the incentive is to publish a paper, n…

It is certainly not the case that cost == price, I agree. Price is determined by supply and demand. But if you change the cost of mortgages, you probably change their supply curve …

This is a very interesting comment and I used to think similarly, but Matt Levine over at Bloomberg convinced me over several articles (couldn't find exactly which ones on a casual…

Does it matter that Andrew Sullivan was one of the early and very vocal champions of gay marriage? Or that he is quite openly gay and married himself? If you haven't heard of him, …

Here's the final report by the Gates Foundation on evaluating teachers that is mentioned in the article: http://metproject.org/downloads/MET_Ensuring_Fair_and_Reliab... . It's inte…