Here’s a rather good analysis of Berkshire Hathaway’s (in)famous EQD book. Is BRK really short $280mio(!!!) of long-dated index vega? (For non-markets readers: that is a shirtload.)
Here’s the sales brochure for the world’s first supercomputer: the CRAY-1.
The CRAY-1 stood astride the world in 1976. It cost north of five million dollars, but look what you got for your money! The monolithic machine came with eight megabytes of memory, three hundred(!) megabytes of disk, and a processor so fast it could perform eighty million multiplications every single second!
…which means it’s got less computing power than your snazzy new iPhone 4. But the iPhone doesn’t double as a couch.
“Several of you told me that I was ‘going to die’ if I drank 13 beers while running the San Francisco Half Marathon. I did not die. … I puked three times, blacked out for miles 11 and 12, and needed five hours to finish. This is my story.“
Disclaimer: JRE does not endorse drinking beer while running marathons. (You might spill some.)