Search Results for “wsj.com”

May 16, 2016

Muk-bang

Choi Ji-hwan

Muk-bang (Korean: ‘eating broadcast’) is a type of performance in which a host eats large quantities of food, while interacting with their audience. Usually done through a webcast (such streaming platforms include Afreeca), muk-bang became popular in South Korea in the 2010s. Foods ranging from pizza to noodles are consumed in front of a camera for an unknown audience who pay to watch the individual eat. In each broadcast, a host will often interact with their viewers through online chatrooms.

There are several genres of muk-bang, including ‘cook-bang’ (cooking and muk-bang). The idea of socializing with an audience remains the same however, the host would then eat what was cooked and eat it and describe to the audience what was consumed.

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May 29, 2014

Beer Mile

beer mile by John Markell

A Beer mile is a drinking race combining running and speed drinking. Typically, the event takes place on a standard 400 meter or 1/4 mile running track. Each lap must be preceded by the drinking of a standard amount of beer, typically a 12-ounce can. Rules vary by region. One custom requires runners to prove they have finished their beer by inverting it over their heads before commencing a lap.

The standard rules published by BeerMile.com are based on the most common rules used in North America. They specify that any competitor who vomits prior to finishing the race must complete a penalty lap immediately following the fourth lap. The penalty lap does not require the drinking of an additional beer. The standard rules also dictate that the beer be consumed directly from the pour of the can (i.e. tampering with the cans, such as ‘shotgunning,’ is not allowed). The beer used for the competition must also be full-strength, or at least 5.0% ABV. Hard ciders and other alcoholic beverages are generally not allowed.

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January 9, 2014

Mood Repair Strategies

pat

Mood repair strategies (MRS) offer techniques that an individual can use to shift their mood from general sadness or clinical depression to a state of greater contentment or happiness. A mood repair strategy is a cognitive, behavioral, and interpersonal psychological tool used to affect the mood regulation of an individual. MRS are common to cognitive therapy and are often assigned as homework by therapists in order to help positively impact individuals who are experiencing dysphoria or depression.

However, these tools can also be used for individuals experiencing temporary unwanted moods. Many factors go into the effectiveness of MRS on an individual ranging from the client’s self-esteem to their experience with the strategy being used. Also, how the strategy is presented (either to avoid negative moods or to pursue positive moods) may have an effect on its effectiveness. 

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March 4, 2013

Berkshire Hathaway

warren buffett

charlie munger by Charlie Powell

Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska that oversees and manages a number of partially and wholly owned subsidiary companies. The company owns Geico, Dairy Queen, Fruit of the Loom, Helzberg Diamonds, NetJets, and Heinz and has significant minority holdings in American Express, M&T Bank, Coca-Cola, Kraft Foods, Proctor & Gamble, and IBM. Berkshire Hathaway averaged an annual growth in book value of 20.3% to its shareholders for the last 44 years, while employing large amounts of capital, and minimal debt.

Berkshire Hathaway stock produced a total return of 76% from 2000–2010 versus a negative 11.3% return for the S&P 500. Warren Buffett owns 32.4% aggregate voting power of Berkshire’s shares outstanding, and vice-chairman Charlie Munger holds a stake big enough to make him a billionaire (early investments in Berkshire by David Gottesman and Franklin Otis Booth, Jr. resulted in their becoming billionaires as well). Bill Gates’ Cascade Investments LLC is the second largest shareholder of Berkshire and owns more than 5% of class B shares.

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February 25, 2013

Animal Spirits

animal spirits by David Gothard

Animal spirits‘ is the term economist John Maynard Keynes used in his 1936 book ‘The General Theory of Employment, Interest and Money’ to describe emotions which influence human behavior and can be measured in terms of consumer confidence. It has since been argued that trust is also included or produced by ‘animal spirits.’ Several articles and at least two books with a focus on “animal spirits” were published in 2008 and 2009 as a part of the Keynesian resurgence.

According to Keynes: ‘Even apart from the instability due to speculation, there is the instability due to the characteristic of human nature that a large proportion of our positive activities depend on spontaneous optimism rather than mathematical expectations, whether moral or hedonistic or economic. Most, probably, of our decisions to do something positive, the full consequences of which will be drawn out over many days to come, can only be taken as the result of animal spirits – a spontaneous urge to action rather than inaction, and not as the outcome of a weighted average of quantitative benefits multiplied by quantitative probabilities.’

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May 9, 2012

Geoengineering

save the planet by viktor koen

The concept of geoengineering (or climate intervention) refers to the deliberate large-scale engineering and manipulation of the planetary environment to combat or counteract anthropogenic changes in atmospheric chemistry. The Intergovernmental Panel on Climate Change concluded in 2007 that geoengineering options, such as ocean fertilization to remove CO2 from the atmosphere, remained largely unproven. It was judged that reliable cost estimates for geoengineering had not yet been published.

Geoengineering accompanies Mitigation and Adaptation to form a three-stranded ‘MAG’ approach to tackling global warming, notably advocated by the Institution of Mechanical Engineers. Some geoengineering techniques are based on carbon dioxide removal (CDR), including direct methods (e.g. carbon dioxide air capture) and indirect methods (e.g. ocean iron fertilization). These techniques can be regarded as mitigation of global warming.

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December 31, 2011

Welfare Queen

welfare queen by david klein

A welfare queen is a pejorative phrase used in the United States to describe people who are accused of collecting excessive welfare payments through fraud or manipulation. Reporting on welfare fraud began during the early 1960s, appearing in general interest magazines such as ‘Readers Digest.’

The term entered the American lexicon during Ronald Reagan’s 1976 presidential campaign when he described a ‘welfare queen’ from Chicago’s South Side. Since then, it has become a stigmatizing label placed on recidivist poor mothers, with studies showing that it often carries gendered and racial connotations. Although American women can no longer stay on welfare indefinitely due to the Personal Responsibility and Work Opportunity Act, the term continues to shape American dialogue on poverty.

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November 9, 2011

Hypnopaedia

sleep learning by Oliver Munday

Sleep-learning (also known as hypnopædia [hip-noh-pee-dee-uh]) attempts to convey information to a sleeping person, typically by playing a sound recording to them while they sleep. This now-discredited technique was supposed to be moderately effective at making people remember direct passages or facts, word for word. Since the electroencephalography studies by Charles W. Simon and William H. Emmons in 1956, learning by sleep has not been taken seriously. The researchers concluded that learning during sleep was ‘impractical and probably impossible.’ They reported that stimulus material presented during sleep was not recalled later when the subject awoke unless alpha wave activity occurred at the same time the stimulus material was given. Since alpha activity during sleep indicates the subject is about to awake, the researchers felt that any learning occurred in a waking state.

In Aldous Huxley’s 1932 novel ‘Brave New World,’ hypnopaedia is used for the conditioning of children by future culture. In the novel, sleep-learning was discovered by accident when a Polish boy named Reuben Rabinovitch was able to recite an entire radio broadcast in English after a radio receiver was left on in his sleep. The boy was unable to comprehend what he had heard via hypnopædia, but it was soon realized that it could be used to effectively make suggestions about morality.

November 9, 2011

Super Tuscan

antinori

The term ‘Super Tuscan‘ describes any Tuscan red wine that does not adhere to traditional blending laws for the region. For example, Chianti Classico wines are made from a blend of grapes with Sangiovese as the dominant variety in the blend. Super Tuscans often use other grapes, especially cabernet sauvignon, making them ineligible for classification under the traditional rules.

In 1968 Azienda Agricola San Felice produced the first ever ‘Super Tuscan’ called Vigorello, and in the 1970s Piero Antinori, whose family had been making wine for more than 600 years, also decided to make a richer wine by eliminating the white grapes from the Chianti blend, and instead adding Bordeaux varietals (namely, Cabernet Sauvignon and Merlot).

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September 27, 2011

Multiple Discovery

what technology wants

The concept of multiple discovery is the hypothesis that most scientific discoveries and inventions are made independently and more or less simultaneously by multiple scientists and inventors. The concept of multiple discovery opposes a traditional view—the ‘heroic theory’ of invention and discovery. When Nobel laureates are announced annually—especially in physics, chemistry, physiology-or-medicine, and economics—increasingly, in the given field, rather than just a single laureate, there are two or the maximally-permissible three, who often have independently made the same discovery.

Commonly cited examples of multiple independent discovery are the 17th-century independent formulation of calculus by Isaac Newton, Gottfried Wilhelm Leibniz and others, described by British historian A. Rupert Hall; the 18th-century discovery of oxygen by Carl Wilhelm Scheele, Joseph Priestley, Antoine Lavoisier and others; and the theory of evolution of species, independently advanced in the 19th century by Charles Darwin and Alfred Russel Wallace.

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March 3, 2011

Boxer

boxer

terran

Lim Yo-Hwan (b. 1980) of South Korea, known by the pseudonym Boxer, is one of the most successful players of the real-time strategy computer game StarCraft to date. Dubbed The Emperor by his fans, he is the most popular Starcraft player with a fan club of more than 1,000,000 members.

Lim has a record of 547 wins and 416 losses (56.80%) in his professional career. He is one of the highest-paid professional gamers, with annual earnings that exceed $300,000 US Dollars and endorsement contracts that bring in an additional $90,000 per year.

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