Re: The hedge fund industry is a bouillabaisse of strategies, or is it?

Geez I thought hedge funds were a compensation class, not an asset class. In mathematics the term Non-linear was in vogue for people wanting to look sophisticated. In reality most math is non-linear. Defining hedge funds as an asset class is a bit like defining a group such as all animals that aren't elephants. Cluster and style analysis etc. are all useful tools for FoF managers to justify fees. True exposure to a risk class shows up when the extreme event hits and all correlations hit -1 or 1. Then one can see if they were truly "hedged." Disclosure: I am in the business, I just haven't had enough of the Kool-aid yet.

NASA astronomer Michelle Thaller on ​the multiple dimensions of space and human sexuality

Science and the squishiness of the human mind. The joys of wearing whatever the hell you want, and so much more.

Think Again Podcasts
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How to split the USA into two countries: Red and Blue

Progressive America would be half as big, but twice as populated as its conservative twin.

Image: Dicken Schrader
Strange Maps
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  • Perhaps the best way to stop the infighting is to go for a divorce and give the two nations a country each
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Ideology drives us apart. Neuroscience can bring us back together.

A guide to making difficult conversations possible—and peaceful—in an increasingly polarized nation.

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  • How can we reach out to people on the other side of the divide? Get to know the other person as a human being before you get to know them as a set of tribal political beliefs, says Sarah Ruger. Don't launch straight into the difficult topics—connect on a more basic level first.
  • To bond, use icebreakers backed by neuroscience and psychology: Share a meal, watch some comedy, see awe-inspiring art, go on a tough hike together—sharing tribulation helps break down some of the mental barriers we have between us. Then, get down to talking, putting your humanity before your ideology.
  • The Charles Koch Foundation is committed to understanding what drives intolerance and the best ways to cure it. The foundation supports interdisciplinary research to overcome intolerance, new models for peaceful interactions, and experiments that can heal fractured communities. For more information, visit charleskochfoundation.org/courageous-collaborations.