RECENT ARTICLES
What I Learned from Losing $200 Million - Issue 87: Risk - Nautilus
Resume Reading —CloseClose’d lost almost $200 million in October. November wasn’t looking any better. It was 2008, after the Lehman Brothers bankruptcy. Markets were in turmoil. Banks were failing left and right. I worked at a major investment bank, and while I didn’t think the disastrous deal I’d done would cause its collapse, my losses were quickly decimating its commodities profits for the year, along with the potential pay of my more profitable colleagues. I thought my career could be over. I’d already started to feel those other traders and salespeople keeping their distance, as if I’d...…Resume Reading —CloseClose’d lost almost $200 million in October. November wasn’t looking any better. It was 2008, after the Lehman Brothers bankruptcy. Markets were in turmoil. Banks were failing left and right. I worked at a major investment bank, and while I didn’t think the disastrous deal I’d done would cause its collapse, my losses were quickly decimating its commodities profits for the year, along with the potential pay of my more profitable colleagues. I thought my career could be over. I’d already started to feel those other traders and salespeople keeping their distance, as if I’d...WW…
The Idea of Entropy Has Led Us Astray - Issue 86: Energy - Nautilus
Resume Reading —CloseCloseast summer, in the early days of a heat wave that would culminate in the highest temperatures ever recorded in Paris, I biked across the city to meet my friend Romain Graziani. At a sidewalk café, we sipped burnt espresso and watched the air shimmer weirdly over the cobbles. Romain, who is a scholar of ancient Chinese texts, shared an idea that had emerged from his research: There are certain goals that are most effectively pursued by not striving directly toward them. Like falling asleep, for instance. If you try hard at it, you will not succeed. The same could be...…Resume Reading —CloseCloseast summer, in the early days of a heat wave that would culminate in the highest temperatures ever recorded in Paris, I biked across the city to meet my friend Romain Graziani. At a sidewalk café, we sipped burnt espresso and watched the air shimmer weirdly over the cobbles. Romain, who is a scholar of ancient Chinese texts, shared an idea that had emerged from his research: There are certain goals that are most effectively pursued by not striving directly toward them. Like falling asleep, for instance. If you try hard at it, you will not succeed. The same could be...WW…
Cosmic Rays May Explain Life’s Bias for Right-Handed DNA - Abstractions on Nautilus
f you could shrink small enough to descend the genetic helix of any animal, plant, fungus, bacterium or virus on Earth as though it were a spiral staircase, you would always find yourself turning right—never left. It’s a universal trait in want of an explanation.Chemists and biologists see no obvious reason why all known life prefers this structure. “Chiral” molecules exist in paired forms that mirror each other the way a right-handed glove matches a left-handed one. Essentially all known chemical reactions produce even mixtures of both. In principle, a DNA or RNA strand made from...…f you could shrink small enough to descend the genetic helix of any animal, plant, fungus, bacterium or virus on Earth as though it were a spiral staircase, you would always find yourself turning right—never left. It’s a universal trait in want of an explanation.Chemists and biologists see no obvious reason why all known life prefers this structure. “Chiral” molecules exist in paired forms that mirror each other the way a right-handed glove matches a left-handed one. Essentially all known chemical reactions produce even mixtures of both. In principle, a DNA or RNA strand made from...WW…
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