A University of Kansas professor and two co-authors, in research in a forthcoming issue of the Journal of Finance, found that children aged 10 and under substantially outperformed their parents in earnings from stock trading in the few days before and after rumours swirled on possible corporate mergers. A likely explanation, they said, is the parents or guardians were buying and selling for their children's accounts using illegal insider information that they were cautious about using their personal accounts. While the parents' accounts had nice returns, the kids' accounts (including those held by the very recently born) were almost 50 per cent more profitable. (Source: News of the Weird.com)
Escape from hippo's jaws
"Time passes very slowly when you're in a hippo's mouth," says Paul Templer. He knows what he talking about because he was attacked by a hippo years ago while paddling on a river in Zambia, where he worked as a tourist guide. "I seemed to be trapped in something slimy. There was a terrible, sulphurous smell, like rotten eggs, and a tremendous pressure against my chest," he tells the Guardian. "It was only then that I realised I was underwater, trapped up to my waist in his mouth." The hippo chomped into Templer with its huge teeth, leaving 40 puncture wounds. "The bull simply went berserk," he says, "throwing me into the air and catching me again." It dragged him down to the bottom of the river where Templer, badly wounded and bleeding, believed he would die. But the hippo mercifully spat him out. (Source: Newser.com)
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