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TIL Warren Buffet bet 1 million dollars in 2008, that his passive investment strategy will win with a big hedge funds over the next 10 years. By 2017, his portfolio went up by 85%, while his opponent lost with only 22% made

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XkmX TIL that teenagers aren’t stupid in the way they’re noticed. Their brains are smart, making them take more risks than an adult would, helping them gain “useful experience”. This is not done by ignoring risks, but by enhancing the sense of reward, making rewards outweigh risks more in decision making
BvdW TIL The Simpsons’ “Bart prank calls Moe’s Tavern” is a reference to two guys who used to prank call a bar in Jersey City and became famous for the recordings
ANDkl TIL "Deep Throat" & "Last Tango in Paris," two massively influential x-rated films of the early 70s, cost more to attend than other films - a historical example of the demand-based pricing that is being considered by theater chains and studios
mx6oE TIL Colonel Sanders bleached his facial hair to match his white hair
XEoVE TIL That in The Great Gatsby, Gatsby gave himself the name "Jay" because he believed it sounded upper-class and sophisticated, while in reality, the term "jay" was used as an insult during the early 1900s (when the novel took place) to describe an ignorant or inexperienced person.