Word: besting
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...investors are operating with some degree of diversity, when they're thinking about things differently - time horizons, trading strategies - the markets are basically efficient. But what we know is that people episodically coordinate their behavior. They all become optimistic or pessimistic, and that leads to extremes. Even with the best of intentions, you can't anticipate all the things that are going to happen. (See pictures of the top 10 scared stock traders...
Speaking of which, you write that money management is one of the best examples of the illusion of control in the professional world ... I was hoping no one would read that...
...After moving to Hollywood, he made his first U.S. feature, Rosemary's Baby (1968), a now classic horror film adapted from Ira Levin's best-selling novel about a woman who discovers she has had a demonic child...
...Polanski's Chinatown (1974), starring Jack Nicholson, Faye Dunaway and John Huston, garnered 11 Oscar nominations, including Best Picture and Best Director. It won for screenwriting...
...made his feature-film debut with Knife in the Water, a psychological thriller about a couple who invite a hitchhiker aboard their yacht. It won the Venice Film Festival International Critics Award of 1962 and was nominated for a 1964 Academy Award for Best Foreign Language Film...