Financial

Wednesday links

The death of Windows XP will impact 95 percent of the world’s ATMsMicrosoft’s 12-year-old Windows XP operating system powers 95 percent of the world’s automated teller machines, according to NCR, the largest ATM supplier in the US. While the idea of Windows powering ATMs may surprise consumers, XP runs in the background powering the software […]

Quote of the week

The data overwhelmingly shows that most of the time, stocks and economy are wholly uncorrelated. Over the short and medium term (days weeks months), there is almost no relationship in either direction or magnitude.—Barry Ritholtz, money manager and financial writer

Monday links

How Bluetooth 4.1 and BLE Will Drive New InnovationBluetooth 4.1 and its revolutionary low-energy function (BLE) will find its way into fitness gadgets, medical devices, connected home, retail stores, and more—Tim Bajarin at PCMag Is 2014 the Year of the Connected Home?Claire Cain Miller writes at the New York Times Bits blog about the future […]

What is Bitcoin?

Source: InfoSecurity

They start early now

Source: The New Yorker

Quote of the week

Most of the time, Humans exist in a happy little bubble of self-created delusion. We lie to ourselves constantly. We rationalize everything we do, past and present. We engage in selective perception, seeing only the things that agree with us. Our selective retention retains the good stuff and disregards most of the rest. In the […]

Why economics is not a science

Money manager Barry Ritholtz comments on the wrong concepts about the stock market held by many economists and MBAs: The tenacity of bad ideas is quite astounding. Just because something is wrong, and verifiably so, does not seem to have much immediate impact. It remains a staple of academia, as well as the actual practice […]