06-14-2014, 04:07 AM
Even if you've never seen a soccer game before, there is hope. Most conversations about sports are an exchange of well-worn phrases and cliches, and soccer is no different.
World Cup Phrases To Know - Business Insider
"Being short one Tesla, as I was, can undo a dozen good short positions when you get the occasional moonshot that runs against you," he said. "By the way, I'm no longer short Tesla — and it was one of the biggest mistakes long or short of my investment career." In fact, he added, only the most experienced investors should ever be short. "Don't do it," he said. "It is exceptionally hard — I can give you a dozen good reasons why shorting is a tremendously difficult and dangerous business, and I can show you a lot of scars on my back from dozens of years of doing it myself, learning a lot of lessons the hard way."
Whitney Tilson On Tesla - Business Insider
Treasurys fell a second day Monday, ahead of data this week that economists said will show improvement in the U.S. labor market and consumer confidence. Morgan Stanley recommended going “maximum underweight” U.S. debt.
Morgan Stanley Slaps 'Maximum Underweight' on Treasurys
Bill Gates is the richest individual person in the United States, and is worth $77.5 billion. With that kind of wealth, Redfin says, Gates could own every home in the entire city of Boston, where the city's 114,212 single-family homes, condos and townhouses would cost a total of $76.6 billion.
Billionaires' Fortunes Could Buy Up Entire Cities
Now, China -- which consumes almost as much coal as the rest of the world combined -- is accelerating a planned switch to cleaner fuels, including a possible cap on carbon emissions and limits on new coal-fired plants.
China’s Clean-Fuel Focus Tests U.S. Coal-Export Lifeline - Yahoo Finance
The "average" American worker earns about $44,000 per year and saves around 4% of his income. And the "average" household has a net worth of approximately $710,000, including the value of homes, investments, bank accounts and so on. But many Americans, needless to say, fall well below those benchmarks, which fail to capture widespread financial distress.
The middle class is even worse off than the numbers show | Daily Ticker - Yahoo Finance
Wealthy Americans save about 12% of their income, by contrast, and the richest 1% save 38% of their income. Saving money is obviously important, because that’s how people create wealth
The middle class is even worse off than the numbers show | Daily Ticker - Yahoo Finance
Some of the most influential groups in the Republican Party are behind the effort to put the Ex-Im Bank out of business, including Americans for Tax Reform, the Heritage Foundation and Americans for Prosperity
Just as a new generation of virtual reality goggles for video games are about to hit the market, researchers at Microsoft have come up with what could be the perfect accompaniment—a way for ordinary headphones to create a realistic illusion of sound coming from specific locations in space.
Microsoft Researchers’ “3-D Audio” System Is Like Oculus Rift for Your Ears | MIT Technology Review
Though the ECB became the first big central bank to adopt negative interest rates, even that historic step may turn out to be less important than its signal that it will be propping up the troubled periphery of the euro area for years to come.
The ECB's gloomy message: Propping up the periphery | The Economist
Later on Thursday, the US Supreme Court may decide whether to accept or reject Argentina’s pari passu case. Rejection could mean a swift end to the saga. Argentina would be left to decide whether to comply with paying bond holdouts alongside its restructured debt, or defaulting on both, or settling with the holdouts. It’s always possible however that the court decides another day, or just asks the US Solicitor General to advise. That can take months. Hey. It’s the pari passu saga. (Update: no decision after all from the court on Thursday, it seems.)
Being king or queen of the high-school hallways might seem cool in your teens, but it doesn't bode well for your social status later in life, a new study suggests.
Being Popular In High School Leads To Problems In Adulthood - Business Insider
Pollan recommended that people avoid "anything your great-great-grandmother wouldn’t recognize as food" and "shop the perimeter" of the supermarket, largely avoiding the freezer and the junk-filled aisles.
How To Lose Weight - Business Insider
Since 1971, the United States has spent $1,000,000,000,000 on the war on drugs. If you have a hard time reading that enormous number, it’s 1 TRILLION dollars! There are an estimated 500,000 inmates incarcerated for drug related charges. At an annual cost of $25,000 per inmate, that equates to $12.6 billion a year. America spends 58% less money to educate a child than it does to keep an inmate behind bars.
"Drug Bless America" | Zero Hedge
Consumer prices in the euro zone are stable rather than too low, former European Central Bank (ECB) board member Jürgen Stark said, countering a widely held view that the current low level of inflation could derail the economic recovery in the euro zone.
Low inflation warnings ‘irrational’: Ex-ECB’s Stark
When we talk inequality in this country, we tend to focus on “the 1 percent” -- the very-high-income earners who are pulling away from the merely extremely well-off. But a growing body of evidence suggests that the distance between the middle and the bottom may be equally important. Possibly, it’s even more important.
It Takes a Village to Lower Inequality - Bloomberg View
But that's not the main reason older Scotch is more expensive. The Glenlivet brand ambassador Craig Bridger explained that by the time the 21-year has aged, 30% to 40% of what was in barrels is gone. This is because of "Angel's Share" — the natural evaporation of the liquid into the atmosphere over time.