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    The billion-dollar horse gambler

    The billion-dollar horse gambler:Veteran gamblers know you can’t beat the horses. Play for long enough, and failure is inevitable. Bill Benter took that challenge — and won. He wrote an algorithm that couldn’t lose at the horse track. A billion dollars later, Benter tells his story for the first...
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    GOOG

    The most miserable company in tech:Google used to be the happiest company in tech. Not anymore. In recent years, Google has found itself in the same position over and over again: a nearly $800 billion planetary force seemingly powerless against groups of employees—on the left and the right...
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    Energy Stocks Could Be a Surprise Beneficiary of an Inverted Yield Curve

    Energy Stocks Could Be a Surprise Beneficiary of an Inverted Yield Curve By Avi Salzman Aug. 16, 2019 6:45 am ET Photograph by Robert Wiedemann Text size Thebond market’s warning signalto investors this week caused stocks to plunge, and is raising new concerns about a looming recession. The...
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    Holocaust survivor, 89, weds woman nearly 50 years younger

    https://nypost.com/2019/08/17/holocaust-survivor-89-weds-woman-nearly-50-years-younger/
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    Buddy Fletcher and Ellen Pao’s marriage ending with mudslinging and acrimony

    https://nypost.com/2019/08/16/buddy-fletcher-and-ellen-paos-marriage-ending-with-mudslinging-and-acrimony/
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    In Search of God!

    “The day’s not over yet. Make time to help a stranger who can never help you.” - Abigail Doolittle (@TheChartress)
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    Coinbase Custody

    Coinbase Custody Coinbase may soon be storing 5% of all the Bitcoin in circulation—worth over $7 billion—thanks to its $55 million purchase of Xapo's under-a-Swiss-mountain custody business. Xapo retains its exchange business and Wences Casares is still its CEO. Casares: "It’s hard to do a...
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    MSFT

    Microsoft's Ears Microsoft has been letting people listen to users' Skype conversations and Cortana sessions, it disclosed yesterday in clarifications introduced to its privacy policies and FAQs. The humans transcribe what people say in order to improve the systems, and Microsoft does not...
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    BA

    Boeing Delay Yet more bad news for Boeing and its customers: the embattled planemaker has had to delay the rollout of a very-long-range version of its upcoming 777X widebody, due to engine issues. Australia's Qantas had been hoping to use the 777-8 to launch the world's longest commercial...
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    In Search of God!

    “Aim for the highest.” - Andrew Carnegie
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    In Search of God!

    Let go of expectations. What’s meant to happen will when you take the right next action." - Abigail Doolittle (@TheChartress)
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    In Search of God!

    “Tough times don’t last, tough people do, remember?” - Gregory Peck
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    In Search of God!

    "Change someone’s day for the better with a simple smile and a few kinds words." - Abigail Doolittle (@TheChartress)
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    ‘Doomsday capitalists’ are buying up old missile bunkers and creating luxury condos

    ‘Doomsday capitalists’ are buying up old missile bunkers and creating luxury condos Real estate developers are building luxury condos 15 stories below ground, catering to people who fear imminent disaster on the earth’s surface -- and who have the money to buy a Plan B underground. According to...
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    AXP

    https://apple.news/AEw81TaPBRBCw0NfnweLbMA
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    In Search of God!

    “We don’t grow when life is great. We grow when the going gets rough and we keep going” — Abigail Doolittle (@TheChartress)
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    The Best Trading Proverbs

    “If you bet on a horse, that’s gambling. If you bet you can make three spades, that’s entertainment. If you bet cotton will go up three points, that’s business. See the difference? - Blackie Sherrod ( sportswriter 1919-2016)
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    BA

    Boeing Fallout Norwegian Air is axing its Ireland-U.S. routes and is blaming the grounding of Boeing's 737 Max. The airline's long-haul chief, Matthew Wood: "Since March, we have tirelessly sought to minimize the impact on our customers by hiring replacement aircraft to operate services...
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    How a Massive Ponzi Scheme Fleeced RIAs, Religious Groups, and Retirees

    How a Massive Ponzi Scheme Fleeced RIAs, Religious Groups, and Retirees (Illustrations by John J. Custer) The sordid tale of Aequitas Management holds lessons for RIAs. By Michelle Celarier August 13, 2019 By the time Corinthian Colleges filed for bankruptcy on May 4, 2015, its...
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    NFLX

    French broadcasting networks will take on Netflix with new streaming service French regulators gave the go-ahead on plans by the country’s broadcasting bigwigs to launch a joint streaming service, Salto, to fight the global giants. Variety reports that Pubcaster France Televisions has joined...
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