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Freely overcoming death through suffering marks the self-sacrifice of the hero, leading to expressions of joy through wine and food. This theme is basic to the figure with which Plutarch describes his Dionysus. He is a symbol for the divine, the everlasting quality of life. The ebb and flow of Dionysus’ life force is an inevitable reflection of antiquity’s struggle between famine and fertility. This figure of Dionysus has as much in common with the gospel figure of Jesus as it has with Isaiah’s Israel.

A simple law in financial markets, when assessing an asset’s volatility , is that the more vulnerable to uncertainty an asset is, the less it can absorb volatility. This is why, for example, equity investors are generally willing to pay lower valuation multiples for cyclical or economically-sensitive sectors relative to secular growth or defensive industries. These types of companies are more vulnerable to unforeseen events.

I begged him to reconsider, but despite my pleadings, he explained that he could never leave Germany and since he had no intention of serving anyone but the Führer, the only course open to him was suicide. Seeing that it was pointless to go on arguing, I told him that I had been ordered back to Spain and would take his wife with me if he insisted. On the 29th of April, 1945 I left the redoubt – the last fragments of the Nazi Empire which had spanned Europe only a year before.

  • From time to time during the following months I recalled these orders, but was convinced they would never be put into operation.
  • The modern world is thought to have begun in the fifteenth century.
  • They estimate that following federal dietary advice to increase intake of fruits and vegetables would raise one’s food costs by several hundred dollars a year.
  • A wine that scored between 70 and 79 was merely average; it had to score in the high 80s to merit serious attention.
  • After working for six years, slaves were to be set free and given enough capital to make a new start.

In the Treatise, Oresme puts forward the Aristotelian arguments about the origin of money and condemns ‘unnatural’ uses of money. Debasement is condemned as undermining trust in the currency . Clipping of coins is also harmful, because the clipped coins circulate as if they are of full weight. In both cases, Oresme’s argument is that the action leads to confusion about the value of the currency, and that this is harmful. He cites Aristotle’s contention that the thing that should be most stable in character is money. To understand their attitudes towards property and wealth, it is important to remember that many of the scholastic writers were mendicant friars who were committed to a life of poverty.

Parker has always preferred lush, powerful, in-your-face wines like those produced in the Rhône Valley or in the Merlot-dominated regions such as Pomerol and Saint-Émilion that lie to the east of Bordeaux. And so pervasive did his influence become that producers all over the world began to use the technologies available to them to produce alcoholic, fruit-forward wines that would score high on the Parker scale. Out the window went ideas of terroir, replaced by a search for the wine that would score a perfect 100 on the Parker scale. An analytic laboratory was even established in Sonoma that, for a fat fee, advises all comers on how to produce a Parker 90+ wine.

Hundreds of thousands have been trapped in the port city of Mariupol for more than two weeks with power, water and heat supplies cut off. Local officials say fighting has reached the city center and heavy shelling kept humanitarian aid from getting in. Human rights office said at least 847 civilians had been killed and 1,399 wounded in Ukraine as of Friday, with the real figure likely much higher. The Ukrainian prosecutor general’s office said 112 children were among the dead.

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We did find one longitudinal study that measured baseline calorie intake and expenditure with doubly labeled water. Money, a human social technology of value and communication, is perhaps one of the few practical instances we can witness of a limitless power law function, as it stores labor over time. In a power law equation where time itself is the variable to which the function is raised, this creates a powerful compounding effect. That is, as long as the calculated value can persist over time. Survive like our palm tree and you get to keep compounding.

So why would we want to know the color of a wine so exactly? First, the process of grape pressing and initial fermentation will have a huge impact on the overall color of a wine. Specifically, the amount of time the grape skins are in contact with the must affects the color of a wine, which in turn reflects how well the desired components of the wine have been extracted. This also has a direct effect on the fullness or body of a wine, so the winemaker can use color as a proxy for the heaviness or lightness of a wine. A wine in which color matches texture is a desirable commodity. The membranes of our rod cells contain rhodopsins, a specific type of opsin.

Consequently, throughout my career as a macro investor, I have found that discovering this path of least resistance is of the utmost importance, as it is the most probable corollary when dealing with complex systems of inertia. A mass investor class, the socialization infoinvesting of financial assets, and centralization, my friends, is such a path. In a previous article, I cited the above quote referring to what I perceived to be bitcoin’s ability to compound a type of accrued interest over time relative to fiat benchmarks.

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The early Fathers of the Church were therefore confronted with a tension between the views of the Old and New Testaments. On the whole they opted for retreating from the world, possibly influenced by their Cynic and Stoic contemporaries. Poverty and detachment from worldly possessions were encouraged, and we have the examples of hermits and saints who gave up everything, retreating to a life of poverty.

He had a large house two miles from the castle, and the use of a small cottage built into the castle wall. The further towards Switzerland I traveled, the more obvious it became that the Third Reich was defeated. I began to meet groups of refugees; old men, The Life Of A Programmer women and children, trudging hopelessly away from the tide of battle. I questioned some of them, but they did not appear to know where they were going. The adults appeared thin and badly clothed, and I noticed that many of the children were without shoes.

However, the narrative traditions move in a different direction. This biblical chain narrative of new beginnings—both for the land and for the humanity created from it—draws heavily on the patterns of ancient Near Eastern myths of seed and harvest and the annual cycle of the seasons. Such myths of the death and rebirth of the god of fertility, using metaphors of drought and the spring rains, were centred in the important harvest festival of the new wine. Each generation’s reiterated failure, however, in both loyalty and obedience, allows the narrative to develop a never-ending chain of stories marked by death and rebirth. The New Testament gospel stories, reusing the concept of a new covenant from the Hebrew Bible, pursue this hope of a new humanity in its effort to create a generation of understanding. The narrative development of the old covenant theme ties the tragic figure of David inexorably to the theme of holy war and to the story of old Israel’s destruction by Yahweh.

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For every search, storage and AI tool that has helped to unbundle the noise into some semblance of a signal, there are other software tools that re-bundle the signal once again back into noise. Particularly social media, mainstream best math software media, political propaganda and social science professions that overconfidently apply the newfound data abundance. When there is no risk of material loss for capital, there becomes no discrimination as to how to invest it.

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Some of the money needed was raised by debasing the coinage. In the time of Augustus coins were pure silver, but by 250 the silver content had fallen to 40 per cent, and by 270 to 4 per cent. Despite attempts at financial reform by a series of emperors, culminating in Diocletian’s famous edict of 301 in which he sought to fix prices and wages, inflation continued. These findings proved that inadequate sleep and the pathology of Alzheimer’s disease causally interact in a vicious cycle. Without enough sleep, amyloid builds up in the brain, especially in deep-sleep-generating regions. The ensuing loss of deep NREM sleep further prevents the removal of amyloid from the brain at night, resulting in greater amyloid accumulation.

As soon as we were alone, I took Bormann into the lounge, offered him a cigarette and a glass of Spanish brandy; both of which he accepted – and I waited. But he pressed me to know what position the man held in Germany. I told him I had known Herr Fleischmann as one of Himmler’s assistants. I could see that Felipe was not satisfied with that answer, but he shrugged and dropped the subject and left shortly afterwards. Treatment with a second liquid spray caused the inside envelope to open. To have tried to open it in any other way would have resulted in the message it contained being destroyed.

WINE AND THE SENSES

Van der Bunt’s unassuming countryside estate is tucked away in the sleepy outskirts of Breda, in the Netherlands. It looks like little more than a charming farmhouse and a few barns. And that’s essentially what it is, except that Old Liquors is also headquartered here. In the cellar of a former cow barn are some 10,000 bottles of liquor worth more than €20 million (about $23.5 million). The crowded storehouse is stuffed to the brim with bottles proudly coated with centuries of dust that testify to their age and authenticity.

The terrifying noise causes the earth to tremble and the mountains to shake with fear. His enemies cling desperately to the trees and slopes of the mountains. Deeply impressed by what his noise and terror can do, Baal declares himself the sole king of the kingdom.

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This idea of the sterility of money was reinforced by the legal concept of a loan. In law, most loans took the form of a mutuum, in which ownership of the thing lent passes to the borrower, who subsequently repays in kind. This can apply only to fungible goods, such as gold, silver, wine, oil or grain, that are interchangeable with each other and can be measured or counted. Because ownership passed to the borrower, it followed that any profit made using the goods belonged to the borrower, and that the lender was not entitled to a share.

Beef isn’t cooked at that temperature and certainly not for that long. I was told to take Bormann down to Condor, a Castle on the Mediterranean coast of Spain at Denia, 30 miles south of Valencia. I was further informed that Macario, a German who had been living in Spain for over thirty years and who had been working for the Nazis since before the war, was expecting us.

This figure is exploited eagerly in the wide range of songs and stories of the savior-king and is echoed throughout the Bible’s rich contrasting repertoire of metaphors for fertility and barrenness. After our modest digression into passive investing, let us now return to the last block in our chain. The final and most deadly flaw in the chain reaction socializing financial assets relates to volatility and the cost of capital. Mathematically speaking, publicly-administered financial markets that demand continuous appreciation, distributed broadly and without diversification, will require volatility to trend toward zero over time. The figure of the messiah in Psalm 2 and the Psalter takes up the role of Yahweh’s divine warrior to bring the nations in uproar to submit to Yahweh’s imperial patronage through holy war.

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