Tim Harford
@TimHarford
Author How To Make The World Add Up (UK) / The Data Detective (US).
Cautionary Tales podcast.
Undercover Economist at the FT.
BBC More or Less.
Views my own.
ID:32493647
http://www.timharford.com 17-04-2009 17:40:53
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Imagine that Loki was in charge of the stock market.
He had strict instructions to ensure a great long-term return on stocks, but wanted to set the wealth of retail investors on fire...
How would the trickster god do it?
Simple...
(HT Andrew Hallam)
on.ft.com/3Uqa6LZ
Imagine that Loki was in charge of the stock market.
He had strict instructions to ensure a great long-term return on stocks, but wanted to set the wealth of retail investors on fire...
How would the trickster god do it?
Simple...
(HT Andrew Hallam)
on.ft.com/3Uqa6LZ
I hate to be pedantic (and no doubt this will mean I'll be labelled as one of those doomsters Kemi Badenoch is calling out here) but there's a few problems with the data the biz/trade sec is quoting here.
When you correct them, the picture looks a little different...
🧵
My colleague Tobias Buck has written a book about the prosecution of a 93 year old man for a crime he was alleged to have committed as a 17 year old boy: being an SS guard at a concentration camp. assoc-redirect.amazon.com/g/r/https://ww…
Pause and read Enuma Okoro about water and Venice. Reminds me of our niger delta and Gabriel Okara's 'Call of The River Nun.'
ft.com/content/67e16b…
Hertha Ayrton, pioneering British engineer, inventor and suffragette, was born #OnThisDay in 1854. In 1902 she became the first woman nominated a Fellow of the Royal Society, but because she was married she was not elected. In 1906 she was awarded our Hughes Medal. #WomeninSTEM
Cautionary Tales - the Fraudster's Guide to Magic Money. Enjoy!
Bonus: at the end of the episode I talk all things Ponzi with Robert Armstrong
timharford.com/2024/04/cautio…
