Posts filed under “Video”

Mauboussin: Untangling Skill and Luck

Michael Mauboussin is our Masters in Business interview this weekend.

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What role, exactly, do skill and luck play in our successes and failures? Some games, like roulette and the lottery, are pure luck. Others, like chess, exist at the other end of the spectrum, relying almost wholly on players’ skill.

In his provocative book, Michael Mauboussin untangles the intricate strands of skill and luck, defines them, and provides useful frameworks for analyzing their relative contributions. He offers concrete suggestions for how to put these insights to work to your advantage in business and other dimensions of life.

About the author:
Michael J. Mauboussin is a Managing Director and Head of Global Financial Strategies at Credit Suisse. Prior to rejoining CS in 2013, he was Chief Investment Strategist at Legg Mason Capital Management. He is also the author of three books, including More Than You Know: Finding Financial Wisdom in Unconventional Places, named in the The 100 Best Business Books of All Time by 800-CEO-Read. Michael has been an adjunct professor of finance at Columbia Business School since 1993, and received the Dean’s Award for Teaching Excellence in 2009. He is also chairman of the board of trustees of the Santa Fe Institute, a leading center for mulch-disciplinary research in complex systems theory.

Category: Cognitive Foibles, Video

China’s territorial disputes

Autoplay video after the jump

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Category: Video, War/Defense

Federal Debt: All You Need to Know in Three Minutes

David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, helps you understand both the short-term and the long-term picture of the federal debt.

Category: Economy, Taxes and Policy, Video

The System Worked (?!)

Dan Drezner, author of The System Worked, discusses how we avoided another Great Depression.

Category: Bailouts, Video

Nicholas Felton: A Quantified Life

Mr. Felton, an information designer who used to work at Facebook, has tracked almost every aspect of his life, from the miles he’s walked to the average length of his personal conversations.

Category: Data Analysis, Video

Rare Midsize Black Hole

NASA: Astronomers from the University of Maryland, College Park (UMCP) and NASA’s Goddard Space Flight Center have uncovered rhythmic pulsations from a rare breed of black hole in archival data from NASA’s Rossi X-ray Timing Explorer (RXTE) satellite. The signals provide compelling evidence that the object, known as M82 X-1, is one of only a few midsize black holes known.

Dying stars form modest black holes measuring up to around 25 times the mass of our sun. At the opposite extreme, most large galaxies contain a supermassive black hole with a mass tens of thousands of times greater. Just as drivers traveling a highway packed with compact cars and monster trucks might start looking for sedans, astronomers are searching for a middle range of the black hole population and wondering why they see so few.’

 

 

 

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Category: Science, Video

John Oliver on Police Militarization

In the wake of the shooting of Michael Brown in Ferguson, MO, John Oliver explores the racial inequality in treatment by police as well as the increasing militarization of America’s local police forces.

Category: Legal, Video, War/Defense

Help Wanted: Humans Need Not Apply


Hat tip econ Future

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Category: Employment, Technology, Video

The Science of Climate Change

Sen. Sheldon Whitehouse (D-RI) rips into Sen. Jim Inhofe (R-OK) for blocking a resolution that would have acknowledged the reality of climate change

Deniers are “Ignorant, out of touch, crazy”

Published on Jul 29, 2014

Ain’t no cure for stupid.

Category: UnScience, Video

Why the American economy grows faster under Democrats

Another classic correlation versus causation issue:

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Category: Bad Math, Video