Word: besting
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...first is closely related to a philosophical idea popularized by Soros himself: reflexivity. Originally developed as a sociological concept, reflexivity incorporates the essential feedback loop between cause and effect into analysis. This is best illustrated through self-fulfilling prophecies; think about a bank run à la Northern Rock: If rumors abound about a bank being illiquid, depositors will self-fulfill the prophecy by queuing to clear their accounts. There is a ‘tipping point’ for bubbles or bursts alike, which explains where market performance is anything but normally distributed. As Nassim Taleb made a career...
...power. You know, we can’t be ruled entirely by middle-aged white men who haven’t read a book since they’ve left high school. Art is not just entertainment—it’s also the best tool to understand life. And so if someone who has never read a book since they’ve left high school, or a poem or a play, I wonder, where do they get their vision? Where do they get their understanding of the other? Where do they get their sense of empathy...
...helped organize several successful cross-university initiatives, according to Henriksen, including the sharing of behavioral best practices, the Green Office certification program, and the implementation of the University-wide temperature policies...
...throbbing. The soft patter of tap shoes as dancers scurried back and forth between the bathroom and the “green room,” and talk of house elves and Ellen DeGeneres was unremitting. Two girls hummed “Diamonds are a Girl’s Best Friend” while going over the sequence for the last time. After the exhilarating scramble to finish applying blush, pin costumes, and straighten hair, TAPS came together in a circle and had their usual pre-performance pow-wow. “Thank you all for your hard work...
...golf, we don’t really worry too much about our competitors,” captain Claire Sheldon said. “We try to stay more internally focused—try to go out and play her best round. We have been able to be successful in the past...