“Most of the empirical research in finance, whether published in academic journals or put into production as an active trading strategy by an investment manager, is likely false. This implies that half the financial products that companies are selling to clients are false.” A poor use of statistics may mean that trading strategies promising to outperform the market are nonsensehttp://econ.st/1Dek2r0
False hope
LET me tell you about the perfect investment offer. Each week you will receive a share recommendation from a fund manager, telling you whether the stock’s price...
ECON.ST
Remade in Japan: a year on from the tsunami
Mirror.co.uk
Japan had suffered its worse natural disaster in a generation. The images were heart-rending but, through their pain and loss, the Japanese people have showed the world they have the strength and resilience to come together in unity and rebuild their ...
Heart symbol enters Oxford English Dictionary The heart sign has entered the Oxford English Dictionary as the first graphical symbol to signify a word in the reference work's 127-year history.
e reference work's 127-year history.
The symbol is among 45,437 new words and meanings added to the latest revision of the dictionary Photo: ALAMY
6:00AM GMT 24 Mar 2011
Readers looking up the word “heart” will find the symbol listed as an entirely
new usage, as a verb meaning “to love”.
Perhaps the most famous example, which is included in the latest edition of
the dictionary, is the New York tourism advertising slogan: I [heart] NY.
Its earliest recorded use is on a car bumper sticker printed in the US in
1984, which read: “I [heart] my dog’s head.”
Researchers believe the use of the heart symbol in this way is the first time
a typographical innovation developed through such bumper stickers and
tee-shirts has entered mainstream language use.
The symbol is among 45,437 new words and meanings added to the latest revision
of the dictionary, which is held to be the most authoritative and
comprehensive record of the English language in the world.
Among the additions are phrases which reflect the spread of technology, such as OMG, a
abbreviation of “Oh my God” used in mobile phone texting, and dotbomb for an internet
company which has spectacularly failed.
Changing obsessions in society are also reflected in the first entries for: Wags – the wives
and girlfriends of footballers; muffin top – “a protuberance of flesh above the waistband of a
tight pair of trousers”; and ego-surfing – “searching on the internet for mentions of one’s own
name”.
The newest addition to the rich variety of English words for being drunk is now lashed (also
included as the phrase on the lash), while the happy camper and the domestic goddess should
avoid bogus callers, or they might suffer a crack-up and end up in singledom.
Several entries reflect the nation’s increasingly eclectic diet, with the first mentions of: banh
mi – a Vietnamese sandwich with pickles and meat; taquito - a small Mexican taco, or fried
roll of filled maize bread; and kleftiko – a Greek dish of slow-cooked lamb.
The OED was first published in 10 volumes in 1884, but it took 100 years for the full second
edition to be published, by which time its size had doubled to over 59million words in 20
volumes.
A comprehensive updating was begun in 1989, and it is now available online, where the
latest
meanings will be added today.
The largest single entry is the verb “to run”, which has 645 different senses, phrases and
idiomatic uses. Its entry is half as large again as the next-longest one, which is “to put”.
Graeme Diamond, the principal editor of the OED's new words group, said: "While symbols
do become spelt-out words relatively frequently, it’s usually only with a mundane meaning as
the name of the symbol - “star” for *, “hash” for #, and so on.
"It’s very unusual for it to happen in such an evocative and tangential way, and this is due to
the special place the heart (as an organ of the human body) occupies in the language.
"In English, since the late 12th century the heart had been thought of as the seat of love and
affection."
New words or meanings:
Bang one’s head against a brick wall – (phrase) to engage in a futile or fruitless effort
Hedge one’s bets – (phrase) to confront uncertain circumstances by pursuing multiple courses
of action; to avoid committing oneself.
Five-second rule (also three- and ten-) – (noun) a notional rule which permits the retrieval and consumption of dropped food within the specified period of time
Scrunchy – (adj) of a wrinkled or ruffled appearance
State-run – (adj) operated or managed by the government of a country
Tragic – (noun) a boring or socially inept person, especially a person who pursues a solitary interest with obsessive dedication
Tinfoil hat – (noun) used with allusion to the belief that such a hat made of metal foil will protect the wearer from mind control or surveillance
Storming – (adj) great, excellent, marvellous
Tasty – violent, good at fighting
Yuck factor – (noun) a feeling of horror, revulsion, or disgust generated by an idea, action
or situation
Pronunciation: /fɔːls/ /fɒls/
Definition of false in English:
adjective
Origin
Old English fals 'fraud, deceit', from Latin falsum 'fraud', neuter past participle of fallere 'deceive'; reinforced or re-formed in Middle English from Old French fals, faus'false'.
[ MASS NOUN]
heart-rend·ing or heart·rend·ing (härt r n d ng). adj. Causing anguish or deep distress; arousing deep sympathy.
false-heart'ed
falsehood
NOUN
heart-rend·ing or heart·rend·ing (härt r n d ng). adj. Causing anguish or deep distress; arousing deep sympathy.
heart-rending. adj. causing great mental pain ...
false-heart'ed
(fôls'här'tĭd)
adj.
Of a deceitful nature; treacherous.
false-heartedness false'-heart'ed·ness n.
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