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‘Before you ask more questions, think about whether you really want to know the answers’ — Gene Wolfe

 

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To create life is the prerogative of gods. Deep in the human psyche, whatever the rational pleadings of physics and chemistry, there exists a sense that biology is different, is more than just the sum of atoms moving about and reacting with one another, is somehow infused with a divine spark, a vital essence. It may come as a shock, then, that mere mortals have now made artificial life.

 

Synthetic biology: And man made life | The Economist

‘Doubt is not a pleasant condition, but certainty is absurd’ — Voltaire

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Why do gifted children struggle academically? Despite their high levels of curiosity and hunger for learning, many of these children lag when it comes to writing. “For these children, psychomotor development doesn’t develop at the same pace,” says co-researcher Cassandre Bélanger-Legault. “This is sometimes at the root of academic failure.”

Another reason is the lack of interest that gifted children have at school because the curriculum doesn’t meet their needs. The result is that they either become a disturbing force in the classroom or completely apathetic. “After years of a poorly adapted curriculum and of intellectual passivity, these children finish high school devoid of interest,” explains co-researcher Philippe Grenier-Vallée. “They struggle to organize their work and remain inattentive in the classroom.”

“The danger with boredom is that it can lead to dropping out, which in turn can lead to juvenile delinquency,” says co-researcher Marie-Ève Boucher. “Based on studies conducted mainly in the United States, 10 to 30 percent of intellectually precocious students have psychological and behavioral trouble. These are the result of trouble coping with their intellectual discrepancy.”

Many gifted children fail academically | UdeMNouvelles

‘The most incomprehensible thing about the world is that it is at all comprehensible’ — Albert Einstein

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The only people who know what business Wall Street is in are the traders. They know what business Wall Street is in better than everyone else. To traders, whether day traders or high frequency or somewhere in between, Wall Street has nothing to do with creating capital for businesses, its original goal. Wall Street is a platform. It’s a platform to be exploited by every technological and intellectual means possible.

The best analogy for traders? They are hackers. Just as hackers search for and exploit operating system and application shortcomings, traders do the same thing. A hacker wants to jump in front of your shopping cart and grab your credit card and then sell it. A high frequency trader wants to jump in front of your trade and then sell that stock to you. A hacker will tell you that they are serving a purpose by identifying the weak links in your system. A trader will tell you they deserve the pennies they are making on the trade because they provide liquidity to the market.

I recognize that one is illegal, the other is not. That isn’t the important issue.

The important issue is recognizing that Wall Street is no longer what it was designed to be. Wall Street was designed to be a market to which companies provide securities (stocks/bonds), from which they received capital that would help them start/grow/sell businesses. Investors made their money by recognizing value where others did not, or by simply committing to a company and growing with it as a shareholder, receiving dividends or appreciation in their holdings. What percentage of the market is driven by investors these days?

What Business is Wall Street In ? | blog maverick

‘There is no such thing as good hiring, only good firing’ — Chris Lyman

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“The hiring process is not nearly as important as the firing process. By this I mean: your skill as a manager is not based on your ability to get good people into your group, but on getting bad people out. The sooner you cull weaker players, the sooner you can replace them with stronger players (for relatively the same salary) and improve the human composite of your firm”.

There is no such thing as good hiring, only good firing | Fonality