I think Bill Hodges is an unsung hero in this story who has never truly gotten his due. It is Bill Hodges who pulls Larry Bird back from the brink. I believe without Bill Hodges, we don't know Larry Bird's name.
There is a way of understanding Lamar where everything in his life is kind of in reaction to death hunting him since he was a kid, says Ryan Duffy, executive producer of Netflix's Untold sports docuseries.
The Efficient Market Hypothesis holds that the prices in any financial market already reflect all available information relevant to what's being traded within them.
I had written a book about five or six years ago, kind of with Oscar Robertson, on the ABA, the Robertson suit that led to free agency, the mergers of the leagues, it was kind of an NBA history book of the '60s and '70s. It was great fun to do, because I'm interviewing all those guys who were playing as the best players on their team. No connection, but guys are dying. I'd done the last interviews with Havlicek and Wes Unseld.
The neural networks that process written and oral language are deeply intertwined and largely overlap when reading print books or listening to audiobooks. There isn't much of a difference between the brain network for reading and the brain network for language comprehension. The brain area we call the 'letter box,' which processes print, is not as engaged when you listen, but it has been shown that when some people listen to words, they visualize them, so the letter box gets activated as well.
It's kind of a little local community hang spot as much as it is a retail store. You could buy analog cameras or photo books at the shop. If you're like me, you could browse in order to motivate yourself to dig your old film camera out of the closet. Or you could just hang out, talk art, and make friends.
"Race Against Time: A Reporter Reopens the Unsolved Murder Cases of the Civil Rights Era" quickly became one of my favorite nonfiction books written by a journalist. I appreciated how he showed the grueling, day-to-day work local journalism requires, and how many layers of people fought him in revealing the despicable work of the Ku Klux Klan.
Before this data, nobody knew the stock market's total return. People had opinions, but without data almost everyone was just guessing. It turned out the market did better than people imagined. In fact, marketwide performance beat many famous stock pickers. The investment world had been doing it all wrong.
The more I get reps in, the more I understand, the more I learn, the more my baseline grows-limiting my downside in certain scenarios that I understand and opening up the upside,
Trump, we're told, reads major newspapers in hard copy, toggles across cable networks throughout the day, marks up stories with a Sharpie, and calls Cabinet officials when front-page articles catch his attention. Aides understand that television appearances affect their standing. Lawmakers text him stories directly. Coverage prompts calls and scrutiny. Trump is described as a ravenous reader, a description that may be true, but also conveys discipline and command.
Legendary investor Jeremy Grantham raised the alarm on an AI bubble, revealed a pandemic bet that didn't pay off, and recommended young people steer clear of Wall Street in a memoir published last month. The GMO cofounder wrote in "The Making of a Permabear: The Perils of Long-term Investing in a Short-term World," which he coauthored, that ChatGPT's release in late 2022 shored up a crumbling stock market and created a "bubble within a bubble."
You have a very nice haircut. Did you cut it yourself?' Michael Burry, played by Christian Bale, earnestly poses that question to a bewildered analyst in the movie 'The Big Short,' which chronicles the investor's massive bet against the mid-2000s housing bubble. The memorable scene is based on a misguided comment the real-life Burry once made, which he revealed in a comment on his Substack.
Is it true that big money is just luck? My answer is somewhere in the middle. It's really hard to make it in business without luck, but if you bet only on luck, you've already lost. Look at crypto investors or day traders with their stories of sudden wealth. A guy invested his last money in a coin, it skyrocketed, and he made two hundred thousand in a week.