Facts Flashcards
Proportion of Australian Universities with international enrolment
50% of all Australian universities have 60% enrolment from international students
Murphy’s law
Whatever can go wrong will go wrong
Manson’s law of avoidance
The more something threatens your identity, the more you will avoid it
Year slavery was abolished
1838 (UK)
1865 (US)
In 1800 slaves represented nearly 20% if the population of the US
% ownership of Renault
15% - France
What is crude oil?
Unrefined petroleum. Fossil fuel. Refined into gasoline, diesel, or other petrochemicals
What is the EMH?
Market anomalies shouldn’t exist, if they do then traders will step in to remove them
What are combination effects?
The propensity for pairs of investments - such as gold & silver - to move in the same direction at certain times of the day.
Bayes Law of Probability?
By updating ines initial beliefs with new, objective information, one can arrive at improved understandings
Endowment effect?
(Kahneman) investors assign excessive value to what they already own in their portfolios
Original name of Amazon?
“Cadabra”, but people mistook it for “cadaver”
Inflation is always and everywhere a monetary phenomenom
Milton Friedman
Durable goods are…
Goods that yield a utility over time rather than being consumed in one use
What is the difference between Catholicism and Christianity?
Catholics also follow the teachings of Jesus Christ but do so through the church, whom they consider as the path to Jesus. They believe in the special authority of the Pope which other Christians may not believe in, whereas Christians are free to accept or reject individual teachings and interpretations of the bible.
Types of Christianity?
There are three main branches of Christianity. Catholicism, Protestantism, and Orthodox. Orthodox Christians are further divided into Eastern and Oriental Orthodox.
