› added 4 years ago

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TIL that, despite their illiquid nature and high fees, over the prior ten year investmet horizon, private equity returns haven't fared better than investing in liquid markets

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Brd4x TIL that Burning Mountain in Australia contains an underground coal fire that has burned for approximately 6000 years and is the oldest known coal fire.
neRnd TIL that German Chocolate Cake is not from Germany, but named for it's creator, Sam German.
6o0Q TIL Chemotherapy drugs to fight cancer were discovered in WW1 where the effects of mustard gas on surviors reduced the amount of rapidly dividing cells like white blood cells. First drug developed based on this research was called Mustine.
wLQNo TIL Moonshiners can tell the alcohol content of their product just by shaking it and observing the size and duration of the bubbles. It's also a quick way to spot if someone's water bottle is actually water or not.
7r9lp TIL studies have determined that the closing of the nuclear power plants in Japan has actually caused more deaths than the Fukushima accident itself.