Yale dumps $6B in private equity while investors cling to risky, underperforming assets sold with a smile; If housing breaks, they break.

Funds still underwater after 2016 bets, private equity risk eclipses public markets…   – Yale is withdrawing $6 billion from private equity. But according to them, there's nothing to read into that, so they claim. – Private equity continues to underperform publicly listed equities across every major time horizon: one …

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LET A SMILE BE YOUR UMBRELLA: According to Scientists, Smiling Is the Secret to Seeing Happiness.

A groundbreaking study by the University of Essex has found that a brief smile can make neutral faces appear happier, using electrical stimulation to influence emotional perception. This research opens new avenues for understanding facial feedback and developing treatments for emotional expression disorders. Smiling for just a split second makes …

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