Market timing at heart of class action

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Market timing at heart of class action

“When they pulled money out, the fund companies had to pay them [market timers] because they had made a technical profit even though the money had not gone to work in the underlying shares of the funds.”

Une autre bonne raison d’eviter les fonds geres activement. En plus d’avoir au Canada les frais de gestion des plus eleves au monde et que, par consequent, le rendement de la majorite des fonds ne bat pas le retour des fonds indiciels, il faut que des investisseurs soutirent de l’argent au detriment de la majorite. Fantastique.

On Crete, New Evidence of Very Ancient Mariners

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On Crete, New Evidence of Very Ancient Mariners

Via: richarddawkins.net: On Crete, New Evidence of Very Ancient Mariners

That is the startling implication of discoveries made the last two summers on the Greek island of Crete. Stone tools found there, archaeologists say, are at least 130,000 years old, which is considered strong evidence for the earliest known seafaring in the Mediterranean and cause for rethinking the maritime capabilities of prehuman cultures.

Crete has been an island for more than five million years, meaning that the toolmakers must have arrived by boat. So this seems to push the history of Mediterranean voyaging back more than 100,000 years, specialists in Stone Age archaeology say. Previous artifact discoveries had shown people reaching Cyprus, a few other Greek islands and possibly Sardinia no earlier than 10,000 to 12,000 years ago.

Life-like evolution in a test tube

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Life-like evolution in a test tube

Via: richarddawkins.net: Life-like evolution in a test tube

For the first time, scientists have synthesized RNA enzymes – ribonucleic acid enzymes also known as ribozymes – that can replicate themselves without the help of any proteins or other cellular components. What’s more, these simple nucleic acids can act as catalysts and continue the process indefinitely.

Big Brother Is Here, Families Say

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Big Brother Is Here, Families Say

Via: dvorak.org: School Issued Laptops with Webcams Used to Spy on the Kids

A federal class action claims a suburban school district has been spying on students and families through the “indiscriminant use of and ability to remotely activate the webcams incorporated into each laptop issued to students,” without the knowledge or consent of students or parents.

The complaint states: “On November 11, 2009, plaintiffs were for the first time informed of the above-mentioned capability and practice by the school district when Lindy Matsko (‘Matsko’), an assistant principal at Harriton High School, informed minor plaintiff that the school district was of the belief that minor plaintiff was engaged in improper behavior in his home, and cited as evidence a photograph from the webcam embedded in minor plaintiff’s personal laptop issued by the school district.

APOD: Mars and a Colorful Lunar Fog Bow

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APOD: Mars and a Colorful Lunar Fog Bow

Explanation: Even from the top of a volcanic crater, this vista was unusual. For one reason, Mars was dazzlingly bright two weeks ago, when this picture was taken, as it was nearing its brightest time of the entire year. Mars, on the far upper left, is the brightest object in the above picture. The brightness of the red planet peaked last week near when Mars reached opposition, the time when Earth and Mars are closest together in their orbits. Arching across the lower part of the image is a rare lunar fog bow. Unlike a more commonly seen rainbow, which is created by sunlight reflected prismatically by falling rain, this fog bow was created by moonlight reflected by the small water drops that compose fog. Although most fog bows appear white, all of the colors of the rainbow were somehow visible here. The above image was taken from high atop Haleakala, a huge volcano in Hawaii, USA.

Beer Is a Rich Source of Silicon and May Help Prevent Osteoporosis

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dvorak.org: Beer Is a Rich Source of Silicon and May Help Prevent Osteoporosis

A new study suggests that beer is a significant source of dietary silicon, a key ingredient for increasing bone mineral density. Researchers from the Department of Food Science & Technology at the University of California, Davis studied commercial beer production to determine the relationship between beer production methods and the resulting silicon content, concluding that beer is a rich source of dietary silicon.

Les etudes, ca vaut ce que ca vaut, mais je m’efforce de pointer vers celles qui font mon affaire 😉

P.S. Pas mal le choix de photo sur dvorak.org pour accompagner l’article. La majorite des commentaires parlent d’un autre type de silicone 😉