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| Dec 24, 2019 | » | Investing in Kenya
15 min; updated Sep 17, 2023
Areas to Consider Capital Markets The Central Depository and Settlement Corporation (CDSC) runs the Central Depository System (CDS) that facilitates holding and trading of shares at the Nairobi Stock Exchange (NSE). A Central Depository Agent (CDA) is a Stockbroker, an Investment Bank, or a Custodian Bank, who has been authorized by the CDSC to open accounts in CDS on behalf of investors. In 2006, an Automatic Trading System was introduced so that orders are matched automatically and executed by stockbrokers on a first-come first-served basis.... |
| May 2, 2020 | » | Health Ethics
3 min; updated Mar 22, 2023
Harden, a liberal behavior geneticist, is publishing a book, “The Genetic Lottery: Why DNA Matters for Social Equality”. Watch this space as it casts doubt on prevailing social justice thesis that environmental factors, and not genetics, influence behavior or social outcomes. Check back in Sept 2022 (one year from now). Faster Human Trials In 1986, AZT (AIDS treatment) showed 1/145 deaths compared to the placebo’s 16/137. 6,000 AIDS patients were offered AZT, helping it get to the public much faster.... |
| Jan 2, 2022 | » | 04. Changing Your Mind
6 min; updated Sep 5, 2022
How to Be Wrong found that experts were barely able to forecast better than random chance. However, a small subset of people (coined “superforecasters” ) were better. In a competition, they beat teams of top professors and CIA professional analysts. These superforecasters were not smarter than everyone else nor did they have more knowledge/experience, they were great at being wrong. Change your mind a little at a time. Seeing the world in shades of grey is less stressful, as the experience of encountering evidence against one of your beliefs is not high stakes.... |