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MOATs Aren’t Useful
The concept of a “moat,” a sustainable competitive advantage that protects a company from rivals, has become a mainstay in investment circles. Investors are encouraged to seek out companies with wide, deep moats, believing they offer long-term stability and outperformance. However, this obsession with moats is flawed, leading to an oversimplification of the complex landscape ...Florida’s Abortion-Rights Ballot Measure Wins a Majority, Still Falls Short
In a significant but ultimately unsuccessful campaign, a proposed amendment to the Florida Constitution that would have enshrined abortion rights in the state constitution won a majority of the vote in Tuesday’s election. However, the measure fell short of the 60% threshold needed for passage. The amendment, known as Amendment 3, received 58.9% of the ...NYT Connections hints today: Clues, answers for November 6
The NYT Connections puzzle for November 6, 2023, was a challenging one, with themes that required a broad range of knowledge. The four categories were: Investments: Bond, CD, Option, Stock Terms for Records: LP, Platter, Vinyl, Wax Cube-shaped: Bouillon, Die, Ice, Sugar Words That Go With “Bone”: Funny, Herring, Soup, Wish Each category posed its ...The Best Photos From the 2024 Election Day
Election Day 2024 wasn’t just about numbers and polls; it was a tapestry of human stories, captured in vibrant photographs that captured the essence of the day. From the excitement of voters casting their ballots to the relief of candidates awaiting results, these images offer a glimpse into the heart of democracy. One image that ...Mark Robinson Loses North Carolina Governor’s Race
Mark Robinson, the Republican candidate and current Lieutenant Governor of North Carolina, conceded defeat in the gubernatorial race on Tuesday night, ending a closely watched contest that was seen as a bellwether for the national political climate. Robinson, a staunch conservative known for his fiery rhetoric and opposition to progressive policies, faced off against Democratic ...Demi Moore on the U.S. Election: ‘America Is Built on Puritans, Religious Fanatics and Criminals’
In a recent interview, acclaimed actress Demi Moore offered a provocative commentary on the intricate fabric of American society, leading to a heated discussion around the country’s foundational elements. Moore, known for her roles in films that often tackle complex themes of identity and morality, suggested that the roots of the United States are deeply ...
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