Monday, March 14, 2022

Ronaldo Hat-trick Inspires Brady?

What a weekend of football news! First, Ronaldo scored a superb hat-trick at Old Trafford to become the highest goal scorer in football history! Tom Brady watches from the stands and 24 hours later announces he is coming out of retirement for his 23rd NFL season! Why not? If at 37 (basically 50 in NFL years) Ronaldo can still dazzle, then why can't Brady at 45? After all, he was almost MVP last season. 

Ronaldo's best game of the year for Manchester United saw him score three excellent goals against the Spurs. Ronaldo's 805th, 806th, and 807th career goals saw him become FIFA's all-time goal scorer, edging past Austrian marksman Josef Bican who held the record for 80 years. Each goal was different from the other, aptly showcasing the range of talent that makes Ronaldo such a prolific scorer. The first was a swerving strike from 25 meters out. The next was a classic striker's goal, with Ronaldo deftly redirecting a cross in-front of goal. The third was a powerful header late in the 83rd minute to clinch an exciting 3-2 victory against the Spurs. The win pushed Man U into the fourth place in the EPL and kept them in the running for a place in Europe next season. 


Well, in the stands was another football record holder. 


And a day later Thomas Edward Patrick Brady announced (shockingly? predictably?) that he was back! Good news for most NFL fans, except perhaps for the guy who paid $500K+ for Brady's "last" touchdown ball. 

Thursday, March 10, 2022

Viva Benzema: Hat-trick Sinks PSG

Real Madrid knocked out Paris St. Germain in the Champion's League Thursday night at the Bernabeu after going down 0-2 in aggregate. After a first half dominated by (future Madridista?) Kylian Mbappe, PSG once more let the advantage slip, as Karim Benzema rifled home three quick goals to seal an unlikely comeback.


Karim Benzema is now the third highest goal scorer in Real Madrid history with 309 goals. His hat-trick overtook legendary striker Alfredo DiStefano's 308 tally and places the 34-year-old behind just Raul (323) and Ronaldo (451!).

Sunday, March 6, 2022

Share Warne Dead at 52

Australian cricket legend Shane Warne died Friday of a suspected heart attack. He was just 52. Warne is widely acknowledged to be one of the, if not the, best bowlers the game has ever produced. He revived the lost art of leg-spin bowling which had lost ground to hard-charging fast-bowlers in the 1970s and 1980s. Warne played in 145 Test matches and 194 ODIs for Australia between 1992 and 2007. He took 708 Test wickets and 293 one-day wickets with a 25.4 and 25.7 bowling average, respectively. He was also handy with the bat...his full stats are here. A larger-than-life character, occasionally embroiled in controversy, Warne helped Australia win the 1999 cricket World Cup. He will receive a state funeral.

Shane Warne bowled over 50,000 balls in his illustrious international cricket career, but none may have been better, or certainly as famous, as his "ball-of-century" that completely bamboozled Mike Gatting in the 1993 Ashes series against heated rivals England:  

Wednesday, February 16, 2022

WFM: Solution to the Dreaded Monday Mornings

Many people get the Sunday-night blues...as they wonder where the weekend went and contemplate the upcoming week's work. One way for companies to reduce employees' anxiety may be to allow them to ease into the work week. In fact, they may have to. The Advanced Workplace Associates surveyed nearly 10,000 people working in finance, technology, energy sectors around world and found that 86% of workers want to want to work from home at least two days a week, preferably Monday and Friday. With companies struggling to find workers amid the Great Resignation flexibility and hybrid work are fast becoming a recruiting and retention tool. And we're pretty sure employees will appreciate it.

Tuesday, February 15, 2022

Wealth Porn: Hedge Fund Edition

Hedge Funds had another decent year...and that means mega payouts for the most successful managers. In 2021, the top 15 most highly-paid managers collectively made "only" $15.8 billion, down from $23 billion in 2020. Sure, things were tougher last year, with the average hedge fund generating 10.2% net returns versus 11.8% in 2020; but the average manager also did generate more alpha (Jensen's). 

                                                           Source: HFR, Mantabye

Regardless, there's nothing average about the 15 managers below, who run some of the biggest funds in the industry and often charge fees north of 2% & 20%.

Source: Bloomberg, Mantaybe

Many of the managers above, like Griffin, Hohn, Englander and Simons (who actually retired over a decade ago), are regulars on this list. The most interesting name is relatively unknown Karthik Sarma of SRS Investment Management. Much of SRS' remarkable 2021 performance was due to in large part to its long-term stake in Avis, which soared 400% last year. Kartik's a Tiger Global alum and has been staying with his sister and her family since the pandemic began. Uncle Sarma's $2 billion pay-out should allow for upgrades all around.

Monday, February 14, 2022

The Power of Pee & Poo

Nature "wastes" nothing. Everything is broken down and reused. The importance of waste in the natural balance of the ecosystem is highlighted in a couple of featured findings. One, highlighted in Wired magazine, demonstrates how whales act as the oceans' gardeners: "When a blue whale goes, it goes big." The phenomenon was recently captured on camera, as shown below:


While hard to be precise from photos, it is estimated that the deposit is nearly as long as a full-grown blue whale, making it, perhaps, "the world's largest documented poop." Jokes aside, it's important because it supports "a line of research pursued in recent years by marine biologists who say whales are the ocean's unappreciated gardeners, playing enormous roles in nutrient and carbon cycles. In short -- or perhaps in long -- their poop helps make the aquatic world go round."

Go on. Well, whales help fertilize their surface waters which results in more plankton, more fish, and ultimately more whales. In fact, biologists Joe Roman and James McCarthy, have proposed what they call "the whale pump: a mechanism describing how whales feeding at depth carry nitrogen to warm, energy-rich surface waters, discharging it in flocculent fecal plumes" that float and stimulate the growth of plankton and everything that eats them. 

                                        Source: Wired

Naturally, human progress has messed with this process. Roman and McCarthy calculate that before commercial whaling, "the whale pump distributed three times more nitrogen across the Gulf of Maine than entered it from atmospheric sources." That may be the reason sea life in the Gulf was once so abundant. Even today, with whale populations only a fraction of historical levels, they added more nitrogen than all the rivers and streams running into the Gulf combined! 

But there's more...as aquatic plants and animals, particular plankton grow, they absorb carbon, then bury it on the seafloor when they die. In other words, carbon sequestration! Biologist Trish Lavery estimates that defecation by the Southern Ocean's sperm whales ultimately sequesters some 400,000 tons of carbon dioxide every year, helping counter global warming. So basically, whales are like trees when it comes to carbon credits.

But it's not just whale poo that's valuable. Human excrement can be just as useful. They say in ancient Rome, "no human waste went to waste." The average adult flushes away 730 liters of urine per year. As featured in the esteemed journal Nature, there is now a number of projects in Europe and the U.S. that is seeking to separate urine from the rest of sewage and to recycle it into products such as fertilizer, a practice known as urine diversion. Human urine has market value of $14 billion per annum, based on the amount of key minerals in it used to make synthetic fertilizers. Moreover, fertilizer plants also use a lot of energy to run, particularly the bad fossil-fuel kind, and contribute to pollution. Wide-scale use of urine diverting toilets could mitigate energy shortages and reduce greenhouse gas emissions.  


Scientists are hopeful that "separating urine from sewage could mitigate some difficult environmental problems, but there are big obstacles to radically re-engineering one of the most basic aspects of life." Like persuading people to use eco-friendly toilets and getting over the idea of eating food watered with your neighbor's pee. But at least we know the process is scalable, since everyone goes! Can't wait till Wall Street starts trading pee and poo credits.

Monday, February 7, 2022

Chrome Has a New Logo

After eight years of deep research, the brightest minds at Google have once again released a new logo for Chrome, easily the worlds most popular web browser and much more. After it's understated launch in 2008, Chrome quickly grew in popularity and became the foundation for a larger suite of products, including the Chrome OS. Today, "Chrome accounts for nearly 64% of all browser usage on all platforms today. The only other browser that comes “close” is Safari, with nearly 15.5% thanks to iOS devices. Firefox comes in third at a mere 4.4%." Chrome also helped Sundar Pichai become CEO of Alphabet.

So here it is. You can clearly see the radical evolution of the logo...or not? After all, why mess with something that works so well?

Felicidades España, los Campeones del Mundo!!

An imperious defense and dazzling passing helped La Roja to win the World Cup Fewest Goal Conceded in World Cup: 1   Golden Ball (Best Playe...