If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.
– John Maynard Keynes
You make more money selling financial advice than following it.
– Steve Forbes
Courtesy of Zuo Yi:
In Valkyrie, von Stauffenberg (Tom Cruise) says:
But remember, this is a military operation. Nothing ever goes according to plan.
Walking comes so naturally to us that we often take it for granted. Try this for yourself and see how hard it really is: QWOP
The researchers collected historical data on letter grades awarded by more than 200 four-year colleges and universities. Their analysis (published in the Teachers College Record) confirm that the share of A grades awarded has skyrocketed over the years. Take a look at the red line in the chart below, which refers to the share of grades given that are A’s:
Most recently, about 43 percent of all letter grades given were A’s, an increase of 28 percentage points since 1960 and 12 percentage points since 1988. The distribution of B’s has stayed relatively constant; the growing share of A’s instead comes at the expense of a shrinking share of C’s, D’s and F’s. In fact, only about 10 percent of grades awarded are D’s and F’s.
I wonder if there’s a similar trend in Singapore.