”Far from being chastised, therefore, former chief executive Meg Whitman deserves credit for orchestrating one of the better performing investments over the past five years.

FT.com / Lex / Technology, media & telecoms - Ebay / Skype

Nonsense. You have to adjust for the risk of such a large M&A deal—which is at least as risky as early stage venture. A 6% return (over the index) in four years is fine if you are a mutual fund, not fine for a high risk deal.

”My attention has been drawn to a couple of recent cases (among the many) where public prediction markets failed (miserably) to predict the future outcomes.

Toronto Prediction Market Blog

”Conservatism and cognitive ability are negatively correlated. The evidence is based on 1254 community college students and 1600 foreign students seeking entry to United States’ universities. At the individual level of analysis, conservatism scores correlate negatively with SAT, Vocabulary, and Analogy test scores.

Intelligence : Conservatism and cognitive ability

”It was similar poor driving that contributed to the hasty departure of the North Koreans last time they abandoned Canberra in 1975. On that occasion, they crashed their Mercedes in the Canberra suburb of Red Hill and when they went to the nearest house for help, they were aghast to find it was the home of their arch-enemy, the South Korean ambassador.

N Korea to close its lonely embassy | Class Comedy!