From Snippet-Finance, December 13:
As is now a tradition here are 52 things I learned from publishing 320 snippets this year.
- “Utilizing the state-of-art deep learning technique to quantify facial attractiveness, we find that funds with facial unattractive managers outperform funds with attractive managers by over 2% per annum“. [SSRN]
- Banning sulfur from ship emissions has had the unintended consequence of heating up oceans along shipping lanes. [Leon Simons]
- The famous business model – razor and razor blade – was never actually employed by Gilette. [SSRN]
- 43% of Chinese residential homes were built after 2010. “If you put this in relation to total population it implies that in a single generation, China has built enough homes to house a billion people.” [Adam Tooze]....
Just so you know, Snippet #6 is profoundly incorrect and is the spot I stopped reading.
6. One institution owns 1/6 of all the land on the surface of the earth. [Madison Trust]
With that sort of mistake I'm thinking your money might be safer at Bailey Bros. Building & Loan.
