I will be in SF Friday – Tuesday if anyone wants to meet up.
The 13fs are rolling in and I will be updating the Hedge Fund Best Ideas and Consensus strategies this weekend. Are there any funds readers would like to see backtested? Maverick, Blue Ridge, Appaloosa, King Street, Baupost?
I can’t read enough about evolutionary biology, and Olivia Judson is the best. From “A Seedy Rivalry“:
A standard indicator of the risk of sperm competition is the ratio between a male’s body size and his testes: the larger the relative size of the testes, the greater the historical risk of sperm competition. (Larger testes mean larger numbers of sperm.) Chimpanzees — a species in which females are fantastically promiscuous — have enormous testes. Gorillas — a species where they’re not — have tiny testes. Humans are in between, albeit closer to gorillas than to chimps — which is consistent with a moderate, but not huge, risk of sperm competition in the past.
Quote of the day, “A ship in the harbor is safe – but that is not what ships are for” – John Shedd
In honor of the passing of the great Swiss chemist Albert Hoffman (who was 102!), below is one of my favorite and most quoteable YouTube videos. But then again I have the humor of a 12 year old.
Not safe for work. Half the people that see it love it, and the other half think it is the stupidest thing they have ever seen.