BUSINESS & ECONOMICS EDITOR'S PICK FINANCE Why Crypto Crashed Key Takeaway: Japan’s stock market plunged 12% on August 5, marking its worst day in 37 years. The fall was triggered by fears of a US economy slowdown, with the Nasdaq index dropping over 6% and the S&P 500 dipping by 4.25%. The US Federal Reserve’s chairman, Jerome Powell, suggested an interest rate cut in […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE Discovering Your Money Attachment Style Key Takeaway: The current economic climate is particularly concerning for young people, who are often financially worse off than their parents. To overcome this, it is important to understand one’s financial attachment style, which can be secure, anxious, or avoidant. Attachment theory, influenced by childhood experiences and education, can help shape one’s relationship with money. […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE Democratising Finance Through Artificial Intelligence Key Takeaway: Artificial intelligence (AI) is revolutionizing investment by making professional financial insight and portfolio management accessible to everyone. AI-powered robo-advisers, such as Betterment and Vanguard, are democratizing investment and providing tailored advice to a new generation of investors. With 31% of gen Zs and 20% of millennials using robo-advisers, the financial industry is adapting […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE Why We Will Never Master The Financial Markets Key Takeaways: Stock market enthusiasts often claim to predict financial market trends with great accuracy, but this is not possible due to the uncertainty and unpredictable nature of the environments in which we make daily decisions. Human cognition tends to favor a reductionist approach to information processing, sometimes called “tunneling,” which can lead to biased […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK FINANCE New Studies Show Bitcoin Has No Mainstream Use And Is More Like Gambling Key Takeaway Bitcoin and other cryptocurrencies are becoming mainstream, but the true success of these cryptocurrencies depends on the average punter selling them for more than they bought them. The Reserve Bank of Australia’s data shows that cryptocurrency is rarely used for buying things, with only 2% of adults using it as a payments instrument. […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE Does Insider Trading Actually Matter? Key Takeaway: Insider trading is an illegal act in which someone relies on market-moving, nonpublic information to decide whether to buy or sell a financial asset. Punishment can range from a few months to over a decade. Insider trading is common and profitable, but difficult to prove and prevent. It undermines public confidence in financial […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE The Tragic Truth Of Venture Capital Key Takeaway: J.P. Morgan saved the financial system in 1907 by pledging $8 million to the next domino, the Trust Company of America, and convincing a dozen other banks and the U.S. Treasury to deposit $70 million into other vulnerable banks. Bank of America is backed by a safety net of federal agencies, such as […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE The Challenges Ahead For Bitcoin In 2023 Key Takeaway: Bitcoin has rallied over 53% since its low of US$15,476 in November, suggesting the bottom has finally been reached for the leading cryptocurrency. Retail investors have been buying bitcoin aggressively, while institutional investors have been offloading, suggesting a fall could be imminent. Bitcoin will reach the Wyckoff accumulation phase when institutional investors decide […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE What Ancient Wisdom Can Teach Us About Finance Key Takeaway: The rate of species extinctions as a result of human activity is at least 1,000 times higher than the natural rate. The effects of business on our climate are also clear, with 71%of the world’s fossil fuel emissions coming from just 100 multinational corporations. They aim to work within the nature and limits […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE TECHNOLOGY Important Lessons From FTX’s Collapse Key Takeaways: Cryptocurrency exchanges are sometimes described as being like stock exchanges. But they are very different to the likes of the London or New York stock exchanges, which are highly regulated and serve a regulatory function. Cryptocurrency exchanges make money by helping “mum and dad” investors into the market. Seven of the world’s ten biggest crypto […] Saving Bookmark this article Bookmarked
Quantum Physics Meets A.I. Key Takeaway: Quantum tunnelling, a phenomenon from quantum mechanics, has been applied to artificial intelligence (AI) to create a neural network that mimics human perception of optical illusions. This neural network, trained to recognize optical illusions like the Necker cube and Rubin’s vase, exhibits a state of ambiguity, mirroring human ambiguity in perception. This finding […] Written by Empirics Asia August 30, 2024August 30, 2024 Saving Bookmark this article Bookmarked
The Power Of Small Changes: How Marginal Gains Lead To Extraordinary Success Key Takeaway: The British cycling team’s 2008 Beijing Olympics victory was a result of a simple strategy: the pursuit of marginal gains. The team’s coach, Sir Dave Brailsford, believed that success could be achieved by making a series of 1% improvements across every aspect of the cyclists’ gear, stamina, and physical conditioning. This principle, known […] Written by Empirics Asia August 29, 2024August 29, 2024 Saving Bookmark this article Bookmarked
Unveiling The Mysteries Of Death: The Human Autopsy Key Takeaway: An autopsy is a methodical, often quiet, and respectful examination of the body to uncover the truth about a death. It is conducted when the cause of death is unclear and the dignity of the deceased is a guiding principle. Autopsies are categorized into two types: non-coronial and coronial. Non-coronial autopsies are conducted […] Written by Empirics Asia August 23, 2024August 23, 2024 Saving Bookmark this article Bookmarked
The 3 Most Intriguing Philosophy Paradoxes Key Takeaway: Ancient Greek paradoxes were not just philosophical exercises but mental traps designed to expose contradictions and inconsistencies. They challenged the assumptions of language and the concept of truth, revealing the limitations of language and the power of presuppositions. The liar paradox, attributed to Eubulides of Miletus, forces us to question whether some questions […] Written by Empirics Asia August 22, 2024August 22, 2024 Saving Bookmark this article Bookmarked
The Human Heart: An Evolutionary Puzzle Key Takeaway: Researchers have discovered that the human heart is an outlier, distinctly different from the hearts of great apes. The human heart evolved in response to specific challenges faced by our species, such as an upright posture and larger brains. The smooth interior wall of the left ventricle of the human heart allows it […] Written by Empirics Asia August 21, 2024August 21, 2024 Saving Bookmark this article Bookmarked
The Brewing Storm In The Coffee Industry Key Takeaway: The coffee industry is facing a potential reckoning as rising prices threaten to slow its expansion. Giuseppe Lavazza, the head of the iconic Italian coffee brand, suggests that consumers in the U.S. might see prices increase by 20%-25% over the next year. The price of a latte or flat white is becoming pricier, […] Written by Empirics Asia August 20, 2024August 20, 2024 Saving Bookmark this article Bookmarked
The Psychology Of Being Stranded In Space Key Takeaway: NASA Commander Barry Wilmore and pilot Sunita Williams are stranded in space after their Boeing Starliner encounters technical issues during its journey to the International Space Station (ISS). The astronauts face an extended mission, potentially delayed by six months, due to the uncertainty surrounding their return. The astronauts’ situation is similar to those […] Written by Empirics Asia August 19, 2024August 19, 2024 Saving Bookmark this article Bookmarked
Rethinking Education Key Takeaways: The Industrial model of education that fueled the modern era and its dizzying reach did its job incredibly well. In his writing, Flynn illustrates study after study, spanning nations and decades, in which modern educational gift of abstraction — a transcendent sign of intelligence, as we saw in Raven’s Matrices — has been […] Written by Anthony Fieldman March 2, 2022October 19, 2022 Saving Bookmark this article Bookmarked
How China Is Transforming Its Economy Through Learning I highly recommend reading the McKinsey Global Institute’s new report, “Reskilling China: Transforming The World’s Largest Workforce Into Lifelong Learners”, which focuses on the country’s biggest employment challenge, re-training its workforce and the adoption of practices such as lifelong learning to address the growing digital transformation of its productive fabric. How to transform the country […] Written by Enrique Dans February 1, 2021February 1, 2021 Saving Bookmark this article Bookmarked
Why You’re Not Seeing Success With Influencer Marketing With the new year around the corner, now is a good time to re-evaluate your past marketing strategies and gear up for the year ahead. For some businesses, influencer marketing has simply not seemed to live up to its lofty promises of genuine engagement, credibility, and transparency. Some have claimed that it has been failing […] Written by Michael Tan January 14, 2021January 15, 2021 Saving Bookmark this article Bookmarked
A New Philosophy of Business I’m about to ask you to take a mental leap. For the next 8 minutes, suspend your notions of what a business is, and I’ll propose a new lens for you to look through. There are a lot of questions asked around what “community” means for business. “Where should community fit in my organization?” and […] Written by Empirics Asia September 5, 2018September 5, 2018 Saving Bookmark this article Bookmarked
