Just saw this guy Ajay Kapur, global strategists from Mirae Asset Securities on CNBC talking about this ratio of middle aged (40s) divided by young people in their 20s, named after the celebrities Ashton Kutcher and Demi Moore, whose ages are about 15 years apart. People in their 40’s have a lot of cash relatively speaking, and they [...]
Archives for August, 2009
Have The Rich Stopped Getting Richer?
Another example of how quickly wealth can disappear. John McAfee, yes the entrepreneur who founded the McAfee Antivirus software company is now worth only 4Mio, after reaching a peak of 100Mio. Read the original story here. While the financial crisis has hit many rich people and reduced their wealth, and there has probably been some [...]
Iron Rice
Recently, scientist at ETH in Zurich have engineered rice with a six-fold increased iron content (source). This was achieved by transferring two plant genes into the original rice variety. The genes include the information to produce the enzyme nicotianamin synthase, which mobilizes iron, and the protein ferritin, which stores iron.
Considering that according to the WHO about [...]

