The world’s most famous physicist is warning about the risks posed by machine superintelligence, saying that it could be the most significant thing to ever happen in human history — and possibly the last. continue
Buy Austria! Buy Greece! As global markets tumble, throw some of your hard-earned cash at Italy, Spain, Hungary, Russia and Turkey too!
Sound crazy? It might not be.
These unusual picks make sense based on some proprietary research conducted by Wellershoff & Partners, a financial advisory in Zurich, Switzerland.
(The exclamation marks are mine)
Wellershoff has taken the money-making insights made famous by Yale finance professor Robert Shiller and applied them, not merely to the U.S. stock market, but also to the rest of the world.
Bob Doll ascribes this deficit to market-timing and emotionally driven decisions to move into and out of the markets. Everyone’s a patient, long-term investor until their portfolio drops by 10%, and then it’s game on – commence the switching! …
New research by Federal Reserve staff economists Steve Sharpe and Gustavo Suarez suggests that the outlook for business investment — a notably lacking aspect of this economic recovery — has little to do with changes in interest rates.…“>…