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The lawsuit, which was filed Tuesday in U.S. District Court in Orlando, accuses Character.AI of negligence, wrongful death and survivorship, as well as intentional infliction of emotional distress and other claims. A screenshot of what the lawsuit describes as Setzer’s last conversation shows him writing to the bot: “I promise I will come home to you. That’s not a good reason not to go through with it,” the lawsuit claims. Character.ai said in a blog post published Tuesday that it is introducing new safety measures. Setzer had also been conversing with other chatbot characters who engaged in sexual interactions with him, according to the lawsuit.

Persons: Character.ai, Megan Garcia’s, Sewell Setzer, Setzer, Daenerys Targaryen, Dany, ”, ” Setzer, “, That’s, Character.AI, Barnes, roleplayed, Sewell, Noam Shazeer, Daniel De Freitas, De Freitas, Matthew Bergman, Garcia, ” Bergman Organizations: Prevention, Technologies, Google, Alphabet Inc Locations: Florida, U.S, Orlando, California, Sewell, seductively

Typically if one bank account owner dies, the surviving owner gets sole control of the account. IntroductionOpening a joint bank account is different from opening up an individual bank account. Both owners have full access to a bank account, and joint bank account rules also dictate specific actions if one owner dies. Rights of survivorshipWhen you're opening up a new bank account, you'll receive a bank account agreement that lists the bank's conditions and rules. A joint bank account beneficiary can't set up direct deposits, make withdrawals, or view your bank account when you're alive.

Persons: you'll, Sophia Bera Daigle, —, Bera Daigle, Bera Daigle doesn't, there's Organizations: Gen, Insurance

You don't need a lawyer to create a will if you have a straightforward financial situation. You don't need to say who will receive proceeds from life insurance or retirement accounts in your will, as those require a named beneficiary within the account. For example, instead of writing "my home goes to my son," write down the full address and his full, legal name. You can name a guardian of sorts for your pet and leave money to that person to cover future costs. Make sure a beneficiary or the executor knows the location of the will and how to access it.

Persons: —, it's, TOD, you'll, what's

☆ How to Live to 100: An expert warns against taking health advice from centenarians
▼ + stars: | 2024-06-24 | by ( Brady Elliott | University Of Westminster | ) edition.cnn.com time to read: +6 min

It seems obvious but survivorship bias is everywhere in society. We’re currently studying over 65-year-olds who have maintained unusually high levels of exercise into older age and have maintained excellent health. READ MORE: Why married people live longerWhile we know that their lifelong exercise is associated with their unusually good health into older age, we can’t directly say one causes the other yet. But often, like in survivorship bias, we’re not looking at all the data, and so finding patterns where there are none. Bradley Elliott receives funding from the Physiological Society, the British Society for Research on Ageing, the Altitude Centre, and private philanthropic individuals.

Persons: Bacon, Abraham Wald, Wald, “, ”, That’s, We’re, Bradley Elliott Organizations: CNN, Physiological Society, British Society for Research, Ageing

☆ Shannen Doherty says she's decluttering amid her Stage 4 cancer diagnosis. Experts say it's a good way to regain control.
▼ + stars: | 2024-04-16 | by ( Amanda Goh | ) www.businessinsider.com time to read: +5 min

Read previewShannen Doherty, the actor best known for her role in "Beverly Hills, 90210," has stage 4 cancer. She's getting rid of her material possessions so she can focus on spending time with her mother. "I'm getting rid of a lot of clothes, I'm getting rid of a lot of old stuff, the charity shop loves me," Godley said. But one thing they can control is their material possessions," Morin said. "Selling things, sorting through items, and getting rid of stuff they no longer need may help them feel more in control over something."

Persons: —, Shannen Doherty, doesn't, " Doherty, Doherty, Michael Douglas, Janey Godley, Lorraine Kelly, Doherty —, Godley, it's, Jeffrey Peppercorn, Amy Morin, Morin, Peppercorn Organizations: Service, Business, Hollywood, Massachusetts General Hospital Cancer, Survivorship Locations: Beverly Hills, Scottish, Massachusetts

☆ Breast cancer: Photos show diverse experiences of the disease
▼ + stars: | 2024-03-27 | by ( Kristen Rogers | ) edition.cnn.com time to read: +9 min

“What we learned doing this project is that a lot of people are not represented in breast cancer media. Although the incidence rate of breast cancer is 4% lower among Black women than White women, Black women are 41% more likely to die from the disease, according to the American Cancer Society. Breast cancer is less common among Asian women than in other ethnic or racial groups, but the disease is the most commonly diagnosed cancer. Eshaana Sheth was 27 when she was diagnosed with hormone receptor positive breast cancer in 2019. Breast cancer is hormone receptor positive when cancer cells have receptors — which the National Cancer Institute describes as binding proteins within the cell — that attach to progesterone or estrogen.

Persons: Vanessa Gonzalez, Gonzalez, ” Gonzalez, “ Marks, ”, Stephanie Francis, Julia Comita, “, ’ ” Julia Comita “, ” Comita, Michelle Kang, Lyssette Horne, ” Julia Comita, ” Young, Eshaana Sheth, United States —, Julia Comita Sheth’s, Sheth, multihyphenate, “ I’m, Mariah Crenshaw, Mariah, Crenshaw, ” Crenshaw, –, ” “, Laura Skarzout, ‘, ” Skarzout, Comita, I’d Organizations: CNN, American Cancer Society, National Cancer Institute Locations: Los Angeles, “, United States, White, India, LA, New York City, older, Louisville , Kentucky, Amsterdam, Black, Florida, Kentucky

☆ Stock pickers did better in 2023, but long-term performance is still dismal
▼ + stars: | 2024-03-06 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

Despite the odds, active managers turned in a better-than-expected performance in 2023, according to a report out today by S & P Global. The bad news: the long-term performance of active managers remained dismal. The majority (60%) of large-cap fund managers underperformed the S & P 500 in 2023, according to S & P Global. While that may not seem like an impressive performance, it is slightly better than the historic average of 64% that underperform the S & P 500. Surprising, because 2023 was a tough year for active managers.

Persons: Dow, Anu Ganti, Dow Jones, Ganti Organizations: P, Dow Jones, U.S, Dow Jones Indices Locations: U.S

Opening a joint bank account is different from opening up an individual bank account. Both owners have full access to a bank account, and joint bank account rules also dictate specific actions if one owner dies. When you're opening up a new bank account, you'll receive a bank account agreement that lists the bank's conditions and rules. Additional rules to keep in mind with joint bank accountsWhen you open a joint bank account, Bera Daigle also suggests being mindful of another bank account rule — equal withdrawal rights. A joint bank account beneficiary can't set up direct deposits, make withdrawals, or view your bank account when you're alive.

Persons: —, you'll, Sophia Bera Daigle, Bera Daigle, there's Organizations: Service, Gen

☆ King Charles’ cancer diagnosis: How much should the public be told?
▼ + stars: | 2024-02-07 | by ( Lauren Said-Moorhouse | Max Foster | ) edition.cnn.com time to read: +26 min

King Charles and Queen Camilla are seen leaving Clarence House in London on February 6, the day after it was announced King Charles had been diagnosed with cancer. But Queen Elizabeth and King Charles, they do not want to become the story, they still want to serve their public. In the fullness of time, I would like to think King Charles will talk about his treatment.”Britain's King Charles III poses for a portrait in Buckingham Palace's Throne Room after his official coronation in May 2023. From left are Camilla, Duchess of Cornwall; Prince Charles; Queen Elizabeth II; Prince Philip; Prince William; and Catherine, Duchess of Cambridge. From left are Prince Charles; the Queen; Prince Louis; Catherine, the Duchess of Cambridge; and Princess Charlotte.

Persons: London CNN — Britain’s King Charles III, Buckingham, Charles, King Charles, Queen Camilla, Clarence, Toby Melville, King, Rishi Sunak, Sunak, “, Sunak’s, Charles ’, Chris Jackson, ”, Kate Williams, Joe Biden, Matthew Chattle, survivorship, “ Jill, “ You’re, Anil Rustgi, Herbert, ” Rustgi, Sally Bedell Smith, George VI, ” King George VI, Prince Charles, Prince Harry, Emily Nash, It’s, Princes William, Harry, Andrew, Edward, Anne, Beatrice, Nash, Princess, Wales, She’s, hasn’t, Catherine, ” Williams, Kristina Kyriacou, ITV’s, They’ve, Kyriacou, she’d, Queen Elizabeth, ” Britain's King Charles III, Hugo Burnand, Princess Elizabeth, Elizabeth, Prince Philip, Prince Charles and Princess Anne, Eddie Worth, Margaret, Hulton, Sir Gerald Creasy, Paul Popper, Princess Margaret, Queen Elizabeth II, Prince, Popperfoto, Prince Edward, Princess Anne, Richard Nixon, William Lovelace, Serge Lemoine, David McFall, Anwar Hussein, Tim Graham, Camilla Parker Bowles, Lady Diana Spencer, Princess Diana, William, Diana, David Levenson, Johnny Eggitt, Nelson Mandela, David Thomson, Princess Diana's, Jayne Fincher, Thomas Coex, Adrian Dennis, Chris Ison, Prince of, Camilla, Matt Dunham, Prince William, Kate Middleton, James Devaney, FilmMagic, Andrew Milligan, Barack Obama, Chris Radburn, Duchess of Cornwall, Catherine , Duchess of Cambridge, Dominic Lipinski, Alessandro Bianchi, Mohd Rasfana, Andrew Parsons, Prince Charles , Prince Andrew, Duchess Camilla, Meghan Markle, Jonathan Brady, Max Mumby, He's, Prince George, Princess Charlotte, Prince Louis, Meghan, PoolAP Charles, Tim P, Paul Chiasson, Ben Stansall, Duchess, Cambridge, Hannah McKay, Reuters Charles, Liz Truss, Yui Mok, Queen Consort, Victoria Jones, Volodymyr Zelensky, Zelensky, Aaron Chown, Handout, Dan Kitwood, Andrew Matthews, Sarah Tilotta, Toby Hancock, CNN Charles, Giles, Jane Barlow, Emmanuel Macron, Benoit Tessier, Peter Nicholls, Britain's King Charles III, Estelle Paranque Organizations: London CNN, Clarence House, Reuters, CNN, BBC, British, Getty, Royal, Publishing, Macmillan Cancer, Cancer Research, Herbert Irving Comprehensive Cancer, Presbyterian, Columbia University Irving Medical Center, Topical Press Agency, Royals, CNN’s Royal, Buckingham Palace, Central Press, Hulton, Hulton Deutsch, Westminster Abbey, Keystone, Royal Navy, Queen, Trinity College , Cambridge, Bettmann, Hulton Royals, Cheshire Regiment, Spice, Westminster Hall, Royal Horticultural Society's, Chelsea, London Palladium, BBC Scotland's, Office, Zephyr, Army Air Corps, Sandringham, Royal Air Force, Whitby, Imperial State Crown, Royal Military Academy Sandhurst, Cathedral, Scotland, King, London Clinic, Northeastern University London Locations: London, British, Dubai, United Arab Emirates, Buckingham Palace, United Kingdom, NewYork, Queen, Windsor, Wales, Buckingham, Malta, Westminster, France, Washington, Kenya, West Berlin, Canada, Cirencester, England, Canterbury, India, Manchester, Papua New Guinea, Toronto, AFP, Balmoral, Balmoral , Scotland, Paris, Ashbourne, Ranville, Prince of Wales, Amatrice, Borneo, St, John's, Newfoundland, Labrador, Nyamata, Rwanda, St James's, Hamburg, Germany, Edward's, Edinburgh, Scotland, of Versailles, Versailles

☆ A simple, low-cost protection trade for those doubting this bull market
▼ + stars: | 2024-01-22 | by ( Michael Khouw | ) www.cnbc.com time to read: +9 min

For an agonizing month, the S & P 500 toyed with the prior all-time highs of January 2022 before finally breaking through to new all-time highs on Friday. Yet here we are, reviewing the biggest trading day of the year so far, and AMD was the best-performing stock in the S & P. Nvidia was 12th. What is true is that the S & P 500 rises over time. Market Cap weighted indices, such as the S & P 500 represent the largest and generally most successful publicly traded companies. Notice that a January 2025 SPDR S & P 500 Trust (SPY) $460 strike put costs just over $16 per contract.

Persons: bender, Stocks, SPDR Organizations: AMD, Nvidia, Healthcare, Centene Corp, United Health, Enphase Energy, SEC, Investors, Apple, Microsoft, U.S . Locations: China, U.S

Advances in childhood cancer are a success story in modern medicine. But in the past decade, those strides have stalled for Black and Hispanic youth, opening a gap in death rates, according to a new report published Thursday. Death rates were about the same for Black, Hispanic and white children in 2001, and all went lower during the next decade. Nearly incurable 50 years ago, childhood cancer now is survivable for most patients, especially those with leukemia. The National Cancer Institute is working to gather data from every childhood cancer patient with the goal of linking each child to state-of-the-art care.

Persons: ”, Sharon Castellino, Emory University’s, Castellino, Paula Aristizabal, ” Aristizabal, Emily Tonorezos Organizations: Black, Emory, Emory University’s Winship Cancer Institute, Centers for Disease Control, University of California, Rady Children’s, Equity, National Cancer Institute, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Atlanta, U.S, San Diego, Rady

☆ Breast cancer signs you need to look out for
▼ + stars: | 2023-10-16 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +4 min

CNN —Do you know what to look for to detect breast cancer early? “Many breast changes are the result of aging and childbirth; however, breast cancer can present in a number of ways. “The only breast cancers that are cured … are breast cancers that are detected early,” he said. When it comes to breast cancer, men also need that empowerment, Pariser said. “Although the disease is less common in men, 1% of breast cancers occur in men,” she said.

Persons: Arthur G, Richard J, James, Ashley Pariser, – James, Pariser, ”, “, ” Pariser, Otis Brawley, Brawley, don’t, ’ Organizations: CNN, The Ohio State University Comprehensive Cancer, James Cancer Hospital, Solove Research, American Cancer Society, Bloomberg, Johns Hopkins University, Empowerment Locations: United States

☆ Morgan Stanley: These 47 stocks can provide investors with high yields and stability in a market rocked by geopolitical conflict, economic uncertainty, and restrictive monetary policy
▼ + stars: | 2023-10-10 | by ( Mark Reeth | ) www.businessinsider.com time to read: +4 min

There's a lot on investors' minds at the moment, but according to Morgan Stanley, one type of investment might help put them at ease: dividend stocks. Dividend stocks consistently outperform non-dividend peers over time. But for investors hoping to find a safe harbor in today's stormy market, Wilson can help. The 47 stocks below all have dividend yields within the top 25% of yields by size across the market. Along with each stock is its ticker, sector, industry, last closing price, market cap, and Morgan Stanley analyst rating.

Persons: Jerome Powell, Morgan Stanley, Mike Wilson, Wilson, outperformance, Goldman Sachs, Morgan, ROE Locations: Israel, Middle

☆ Every 36 minutes, a child in the US is diagnosed with cancer. Here's how Hyundai is funding research to find a cure.
▼ + stars: | 2023-09-21 | by ( Sponsor Post | Created Hyundai Hope On Wheels With Insider Studios | ) www.businessinsider.com time to read: +5 min

Every September, the nation spotlights the need for more awareness and support in the battle against pediatric cancer. Hyundai Hope On WheelsFor 25 years, Hyundai has been on a quest to end childhood cancer with Hyundai Hope On Wheels. Hyundai Hope On Wheels has provided research and support grants to some of the nation's top pediatric hospitals and research centers. Hyundai Hope On Wheels celebrates 25 years with a $25 million donation to pediatric cancer research at the 2023 New York Auto Show . Click here for more information about Hyundai Hope On Wheels' efforts to end pediatric cancer.

Persons: —, Hope, Raynie Clark, Oliver Foster, John Guastaferro Organizations: Hyundai, Hyundai Hope, Hyundai Motor America, New York, Cancer, handprints, York Auto, Youth Ambassador, Humanity, Insider Studios Locations: New England, Las Vegas , Nevada, Bloomington , Illinois

☆ New study shows it's tough being an active manager any year, but especially in 2023
▼ + stars: | 2023-09-21 | by ( Bob Pisani | ) www.cnbc.com time to read: +5 min

S & P Dow Jones Indices on Thursday released its mid-year 2023 SPIVA (S & P Indices Versus Active) Scorecard. This is semi-annual study tracks how active fund managers are performing against their benchmarks and is considered the gold standard to measure active performance. Only 48% of mid-cap managers lagged the S & P MidCap 400, and only 28% of small-cap managers lagged the S & P SmallCap 600. After 1 year, 61% of large cap managers underperform the S & P 500, and it only gets worse from there. Long-term active management is a fundamental problem The problems active managers confront are not temporary.

Persons: Dow, Tiny, Craig Lazzara, Lazzara Organizations: Dow Jones, Microsoft, Nvidia, Tesla Locations: Underperformance

☆ More unmarried couples are buying houses together. A lawyer explains how to protect yourself in the event of a split.
▼ + stars: | 2023-09-12 | by ( Kelly Burch | ) www.businessinsider.com time to read: +6 min

Today, 18% of first-time buyers are unmarried couples, the National Association of Realtors found. Because of that, unmarried buyers need to take extra care to protect themselves and their finances before jumping into joint home ownership, Fiffik said. "For unmarried people buying a property, there are no laws or rules that govern what happens when that relationship breaks up," he said. Get honest about your financesBefore you even consider buying a home together, Fiffik suggested getting very honest about your finances. But unmarried couples have a few options when it comes to official ownership of the home, Fiffik said:Only one partner is on the deed and mortgage .

Persons: homebuyers, Mike Fiffik, Fiffik, homeownership, —, they're, you've Organizations: NAR, Service, National Association of Realtors, Fiffik Law Locations: Wall, Silicon

☆ More unmarried couples are buying homes together. What to know before you do
▼ + stars: | 2023-09-03 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +5 min

'Housing affordability really is a struggle'Many young, unmarried couples live together, often for financial reasons. About 3 in 5 unmarried couples in the U.S. live with their partners, according to a report by the Thriving Center of Psychology. But unmarried couples should carefully approach making a commitment of this scale. To protect their investments in the property, unmarried couples ought to carefully consider how it is titled. Four factors unmarried homebuyers should considerHere are four things that certified financial planner Cathy Curtis, founder and CEO of Curtis Financial Planning, in Oakland, California, says unmarried couples should think about before buying property together: 1.

Persons: Gary Burchell, homebuyers, Jessica Lautz, Lautz, Melissa Cohn, William Raveis, they're, it's, Cohn, Cathy Curtis, millennials, Curtis, Roth Organizations: Getty, National Association of Realtors, D.C, NAR, William Raveis Mortgage, Curtis Financial, CNBC Financial Locations: Washington, U.S, New York, Oakland , California

☆ Here's more evidence that it's really hard to make money picking stocks
▼ + stars: | 2023-08-18 | by ( Bob Pisani | ) www.cnbc.com time to read: +9 min

And only a handful of stocks have accounted for the bulk of wealth creation in the stock market in the last 30 years. The good news: U.S. companies are far and away the biggest drivers of stock wealth creation in the last 30 years. Stock market wealth is highly concentrated How can this be? Just five stocks accounted for 10% of global net stock market wealth creation over 31 years. The reason, as this paper demonstrates, is that stock returns are not normally distributed over time.

Persons: Hendrik Bessembinder, Johnson, Roche, Kwiechow, Tencent, Tesla, Nicholas Colas, Larry Swedroe, Swedroe, Colas Organizations: Global, CFA, Treasury, Microsoft, Apple, Walmart, Facebook, Samsung, Johnson, Taiwan Semiconductor, Nestle, U.S, DataTrek Research, Strategic, New York Stock Exchange Locations: United States, U.S, China

☆ Running for the bus or hurrying up the stairs for just 3 minutes a day may lower your risk of cancer, study says
▼ + stars: | 2023-08-17 | by ( Renée Onque | ) www.cnbc.com time to read: +3 min

Moving quickly, even for as little as three minutes a day, may lower your risk of developing more than 10 types of cancer, a new study found. "They called it 'vigorous intermittent lifestyle physical activity,' so they weren't specifically saying exercise. Little things like taking the stairs and parking farther away from your destination may be very helpful in terms of cancer prevention, Crane tells CNBC Make It. Moving quickly for three to four minutes each day was linked to a 17% to 18% lower risk of developing cancer, and a nearly 30% lower risk of developing one of the 13 types of cancers the study focused on. "In fact, people who are able to have these bursts of energy throughout their day, of activity, seem to see protection from it."

Persons: Tracy Crane, Miami's Sylvester, Crane, we've, Warren Buffett Organizations: JAMA, Digital Health, Lifestyle Medicine, Cancer, The University, Miami's, Cancer Center, CNBC

A joint bank account allows two or more people to own a bank account. While you can open a joint bank account with anyone, usually, joint bank accounts are opened by couples or family members. One type of joint bank account that you may be familiar with is a kid's bank account. Joint bank accounts are federally insured for a greater amount than individual bank accounts. Deciding between a joint bank account or an individual bank account will boil down to how you use the account and your goals.

Persons: what's, You'll Organizations: Service, FDIC, Social Locations: Wall, Silicon

☆ Shattering the myth of men as hunters and women as gatherers
▼ + stars: | 2023-06-30 | by ( Mindy Weisberger | ) edition.cnn.com time to read: +7 min

But researchers have found that women in foraging societies were often the ones bringing home the bacon (and other prey, too). Of the 63 foraging communities examined, 50 had records documenting women hunting. Women hunted game of all sizes, “with large game pursued the most,” the study authors reported. Women also used specialized tools: In the Philippines, for example, Agta women hunted with knives, bows and arrows, or a combination of the two weapons, depending on personal preference. In many of the groups, it seemed as though women had a more flexible approach to hunting than men did, Wall-Scheffler said.

Persons: Cara Wall, Scheffler, “, ”, Vivek Venkataraman, ” Venkataraman, Venkataraman, ” Mindy Weisberger Organizations: CNN, Seattle Pacific University, Seattle Pacific, Charles University, University of Calgary, Scientific Locations: Czech Republic, Philippines, Canada

☆ Simpler hysterectomy may improve quality of life for some women with cervical cancer, study finds
▼ + stars: | 2023-06-02 | by ( Jen Christensen | ) edition.cnn.com time to read: +5 min

Thanks to more effective screening, more women have been presenting with cervical cancer at a younger age and an earlier stage of the disease. “Simple hysterectomy can now be considered as a new standard of care for patients with low-risk early-stage cervical cancer,” Plante said. “This is a really big deal for women with cervical cancer,” said Moore, who wasn’t involved with the study. If the findings lead to a change in practice for surgeons, it could “change the trajectory of cervical cancer globally,” she said. Cervical cancer is not common in the US or Canada, Moore said, but it is endemic in low- and middle-income countries.

Persons: Dr, Marie Plante, Plante, ” Plante, ”, Kathleen Moore, Virginia Kerley Cade, Moore, Sanjay Gupta, ” Moore, Stephanie V, Blank, “ It’s Organizations: CNN, American Society of Clinical Oncology, National Cancer Institute, Obstetrics, Gynecology, Universite Laval, Studies, Canadian Institutes of Health Research, Canadian Cancer Society, Virginia, Developmental Therapeutics, University of Oklahoma Health Sciences Center, World Health Organization, Get CNN, CNN Health, Mount Sinai Health Locations: Chicago, Quebec, Canada

☆ Up to 1.7 billion T. rex dinosaurs lived on Earth, a new study found. But scientists aren't sure where all the bones went.
▼ + stars: | 2023-05-27 | by ( Erin Heger | ) www.businessinsider.com time to read: +5 min

New calculations suggest that 1.7 billion T. rexes lived on Earth from 65.5-68 million years ago. This dichotomy between how many T. rexes lived and how few fossils we have of them shows us just how rare fossilization is and how much more we have to learn about these majestic creatures. Warpaintcobra/Getty ImagesMarshall was the lead author of an earlier study that estimated 2.5 billion T. rexes once roamed Earth. Of the roughly 1.7 billion, or so, T. rexes who roamed our planet, scientists have only uncovered a few hundred fossils, equating to fewer than 100 total dinosaurs. Despite their prime conditions for fossilization, if Giebeler's calculations are correct, scientists have only found about 0.0000002% of the T. rex that lived on Earth.

☆ Active vs. passive managers: 2022 was a surprisingly good year for active management
▼ + stars: | 2023-03-07 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

Active vs. passive managers: 2022 was a surprisingly good year for active management. On the plus side for active managers: for large-cap equity fund managers (the largest and most closely-watched category), 51% underperformed their benchmarks last year. Here's the bad news for active managers Active managers often say that while passive investing may often outperform, during periods of high volatility they will have a chance to shine. For example, S & P 500 Growth was down 29%, but S & P 500 Value was down only 5%. "A manager selecting a random stock would have had a 59% chance of beating the S & P 500 and a 30% chance of outperforming the S & P 500 by 20% or better," the authors wrote.

☆ I binge-listened to tech podcasts for a week, and what I learned about Silicon Valley is kind of scary
▼ + stars: | 2022-10-04 | by ( Adam Rogers | ) www.businessinsider.com time to read: +19 min

2: The hosts don't know what they don't knowThe problem is, VC podcasts don't stick to the core issues of venture capital. 3: The hosts want us to believe what they don't knowThere's a shocking amount of this kind of drivel on the tech podcasts. This is what a good tech podcast should do: Use access to the best and most successful investors and innovators to illuminate the way Silicon Valley works. But that's not what matters in the world of tech podcasts. But after 40 hours of listening to tech podcasts, I feel kind of bad about it.

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