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...When he says, “I feel we’ve taken a wrong turn at some point and it’s too late now and we can’t get back to the right path,” he doesn’t mean just his family, but “the whole world [ . . . ] Everything....
...“And I can’t waste the ticket because somebody else could have had that ticket.”...
...“With that gap, how do we know they haven’t unloaded a load of products when they’ve been rejected?”...
...Excessive herd behaviour is not desirable for our economy,” officials in the finance ministry and the Bank of Korea said in a joint statement....
...The rise in the popularity of passive funds has exacerbated this herd mentality which has led to a significant collapse in direct retail participation in UK equity markets....
...But PE can’t acquire a company that won’t sell at a plausible price....
...Firms including Sequoia, T Rowe Price, Fidelity and Andreessen Horowitz that invested a combined $265mn in Instacart in 2021 saw that investment collapse by 75 per cent....
...The second is more representative but the index runs with the herd. Even if you outperform it, you don’t know whether everyone should have done better....
...One 35-year-old female customer in London, who asked not to be named, said: “Dating is bleak enough already, and I just don’t like the idea of commodifying that part of my life.”...
...But he didn’t. I didn’t think he would bite on mammoths, but he did,” Church said....
...Deaths in custody persist and after the failure of the Voice referendum, which sought to constitutionally recognise the country’s Indigenous people, the prospects don’t look good....
...If you don’t spend at least some of your day thinking about CCPs we can’t be friends....
...What it’s really saying is that you’re better off buying meat from long-standing British herds rather than importing it from other countries....
...“We don’t raise money; people give it,” he says. “They have been generous.”...
...The politicians “don’t do anything and it seems like they don’t want to listen. So we must do something . . . we don’t have anything to lose. And that’s dangerous. The man who has nothing to lose.”...
...But Coghlan said the stark choice was “disruption now, or destruction later from climate change — and the later isn’t much later any more”. Additional reporting by Laura Dubois in Brussels...
...Backing near-term inflation expectations out of market prices isn’t straightforward. You have to take a wide survey and make a best guess....
...Today a solitary elephant still hides in this vast national park, the last living remnant of the herds that used to wander the Klein Karoo freely before it was carved into settlements....
...Following the herd is just one of our cognitive biases. Others include loss aversion....
...“Indeed presumably like chickenpox we want people to get it and develop herd immunity before the next wave,” Sedwill added....
...“There will be less feta around, but I don’t think there will be any shortages.”...
...There was his grandfather’s trick of soaking his T-shirt in elephant dung to pass through elephant herds without danger....
...“But that doesn’t mean I’m willing to sell on the cheap.”...
...In this well-informed circle, following the herd can work. Local information can provide a similar edge....
...ranchers to respond to these higher prices with larger herd sizes....
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