Tuesday, March 13, 2018

If You’re So Smart, Why Aren’t You Rich? Dumb Luck, Says New Computer Model

 “Success is the ability to go from failure to failure without losing your enthusiasm.” - Winston Churchill

“Every adversity, every failure, every heartache carries with it the seed of a greater or equal benefit.” - Napoleon Hill

Think like a queen (a king ;-). A queen is not afraid to fail. Failing is another steppingstone to greatness.” - Oprah Winfrey ;-)
Blog: The 'lore' of failure - Lore of Failure - MEdia Dragon are Kings at Failing




Australia Population Immigration rate Carr on Q and A

Adani owner rich enough to fund Carmichael mine himself, analyst says




Shorten hits shareholders with plan for $59 billion revenue grab




BILL Shorten wants to cut an $8 billion-a-year tax loophole for the wealthy which has stood since the Howard era if Labor is elected

Tax loophole: Labor to abolish 'tidy little arrangement'




 WARNING OVER 'HIGH-RISK' SOLUTIONS TO FAILED TAX AVOIDANCE SCHEMES



An Oxford University expert says Australia would be $90 billion better off if it adopted European-style resource tax policies 



 

ACT Chief Minister Andrew Barr gets his news from Crikey, not 'conservative' Canberra Times


The Simple Algorithm That Ants Use to Build Bridges Quanta

LITERATURE IS NOT LITERATURE UNTIL SOMEONE hates it on principle. Homer and Hesiod weren’t poets, in the way we’ve come to understand the word, until Xenophanes and Heraclitus and Plato attacked poetry’s governing credentials, its pipeline to the Gods. The last of these, speaking through Socrates, displaced poetry’s authority, itself drawn from the Muses, by banishing it from the well-ordered city; poetry’s tendency to arouse madness, its toleration of clashing voices, and its foundational place in the educational curriculum made it the enemy of an imagined republic where all positions were accounted for, where all discourse was to be phlegmatically compassed toward the truth. Paradoxically, though, this exile came to define poetry. Until their banishment, Hesiod and Homer were more like perennial Teachers of the Year or cool, dead popes—but universal. We don’t have a contemporary analogue. 

William Marx Why Hate is Part of Love - Rich Gossips at Goulburn - being the smartest boy on level 13  does ruin his life ...



Kalman Aron, Whose Art Helped Him Survive The Holocaust, Dead At 93…

Thanks to the skillful portraits and drawings he made for guards, officers, and commandants, he survived seven different concentration camps, and ultimately received a scholarship to study at Vienna's Academy of Fine Arts - after which he emigrated to Los Angeles and went on to a very successful career as a painter and portraitist. … [Read More]

If You’re So Smart, Why Aren’t You Rich? Dumb Luck, Says New Computer Model


"[A team of researchers in Italy] created a computer model of human talent and the way people use it to exploit opportunities in life. The model allows the team to study the role of chance in this process. ... Their simulations accurately reproduce the wealth distribution in the real world. But the wealthiest individuals are not the most talented (although they must have a certain level of talent). They are the luckiest. And this has significant implications for the way societies can optimize the returns they get for investments in everything from business to science." … Read More



 
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Fullz and their money are soon parted