› added 1 month ago

8

TIL about Keynesian beauty contests. The economist John Maynard Keynes reckoned stock markets were like beauty contests - instead of selecting the most beautiful contestant, judges tend to pick the one they think other judges are likely to pick.

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Wk4nX TIL many universities in the US charge students athletic fees in order to fund college sports. The University of Virginia, for example, will charge $678 for the 2020-2021 school year.
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0LWN TIL that the first Sherlock Holmes book “A Study in Scarlet” was the first work of fiction to mention a magnifying glass being used as an investigative tool and is the reason we still connect this item with detectives today
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