The Twitter video of Anthony Mancinelli is very informative about Anthony’s achievements as well as how prices of services i.e. hair care services have changed over the last century in the US. Anthony Mancinelli according to the Guinness Book of World Records is the oldest barber in the world who charged 25 cents for in 1922.
First, congratulations to Anthony for his remarkable and world-beating achievement. Second, the video shares a great panorama on the inflation-adjusted return for Anthony’s services. He now charges $20 for his services, considering a lifespan of 97 years, amounting to annual (compounded) growth rate of 4.60%. Although he presently is working in a salon in New York, it’s not clear whether he worked all his life in New York. Continue reading “Anthony Mancinelli,Inflation and haircut price in the US”
In my earlier article on Jerome Powell and the FED, I wrote “when recession hits the US”. Wrong choice of words. I meant if recession does hit the US in near future or in case of a prolonged global slowdown. EU has been a worry and if forecasts are to be believed, a growth of 1.5% at best and core inflation between 1 to 1.5% leaves real growth hovering close to zero.
Under Pressure is an epic song by one of the greatest rock bands of all time, Queen. Remember We Will Rock You. A song re-sung by so many bands and an ever green crowd favorite around the world.
And Freddie Mercury, not to be confused with the hideous Freddy from A Nightmare on Elm Street. Its nappy time in India and Freddy might just come in your dreams. Leave you with Under Pressure, one of my all-time favorites. To one of the greatest rock stars of all time, Freddie Mercury. Watch Bohemain Rashbody, the biographical movie on the rock band Queen. Rami Malek, well done.
Only 1 percent of the readers of Wikipedia give to the free online encyclopedia. Wikipedia changed the way we read and assimilate information. Please donate any amount to a very just social cause. I am myself a blogger and cannot overstate the importance of donation. Help build and sustain the online community of supporters of Wikipedia. Just Do It...
In pursuit of science, fitness, and happiness, this article is a continuation of the video shared here on fat loss. The chemical equation of human fat C55H104O6 decomposes into Carbon and Oxygen. Ruben Meerman’s video on the mathematics of weight loss led to the genesis of this article. Dipped with a small dose of quantum mechanics, this article shares a very brief overview of the micro world of elementary particles and laws of nature governing our bodies and this Universe.
Carbon, Hydrogen and Oxygen atoms play a fundamental role in burning fat. About 96% of human body is made up of carbon, oxygen, hydrogen, and nitrogen. Hydrogen and Helium are also the elements which build the atomic mass of our universe. Hydrogen and Helium atoms make up 99.8 % of all atoms and 98% of all atomic mass in the Universe. An atom has protons and neutrons in its nucleus with electrons orbiting the nucleus. Protons and neutrons have the same weight which is much more than the weight of electrons. Mass of electrons is negligible compared to the weight of protons and neutrons. The number of protons decides the elementary characteristics of the elements on the periodic table. The mass differs from the weight. Mass measured by mass of atoms in the body which is equal to the mass of protons and neutrons combined. Mass is constant while weight changes according to the gravitation pull of the planet. The movies Interstellar and The Martian are good examples of how weights can vary in different planets. Continue reading “One for Science: Elementary Particles, Mass and Forces of Nature”
A good way to look for a job is through networking. It can be both professional or social. Eventbrite is a good source to look at upcoming events in your locality. Customize a visiting card highlighting your skill sets, academic qualifications, and contact details. Continue reading “One for networking”
The first module I published on my blog was on Structured Products. Globally, structured products form an important part of asset allocation and portfolio management. It also a very good way of taking exposures across various asset classes ranging from forex, commodities, equities, interest rates etc. Digital options form an important part of some of the products detailed here. Digital options are binary options i.e. the payout would be zero or predetermined as defined in the investment mandate.
The presentation which was first published in 2015 on this blog, details brief outline on structured products, different types of structured notes, range accrual plans, knout out structured notes and valuation of a NIFTY equity lined structured note.
Check out this link
Soccer world cup is starting soon and I want to write something on soccer. I want to cover Johan Cruyff, one of the greatest soccer players of all time. Johan Cruff is unarguably not only one of the greatest soccer players of all time but also one of the greatest coaches and managers of all time.
This article would include videos, photos to make it colorful and plan to release it before the world cup…Stay tuned…