Twitter Study: People Are Sadder Today Than After The Collapse of Lehman

New paper (warning: link contains tons of geeky math) uses Twitter keywords over last three years to try and characterize  happiness.  Below is the key graph, which shows that people are sadder than when Lehman failed.

H/T to Paul Kedrosky

Mangrove Partners Narrowly Avoids “Extinction-Level Event”

Nathaniel August's Mangrove Partners is having a rough 2020. According to a copy of the hedge fund's August update, a copy of which ValueWalk has been able to review, for the year to August 5, Mangrove Funds have returned -38%. Over the trailing 12-month period, the funds returned -44%. The S&P 500 produced a positive Read More