- https://en.wikipedia.org/wiki/On_Photography

- https://en.wikipedia.org/wiki/Regarding_the_Pain_of_Others

But it turns out there may actually be some emerging evidence to support this. This recent Harvard meta-analysis [1] from just last month looked at 46 different studies and suggested that there may actually be something happening here although it's not conclusive. Correlation but not yet causation.

Nobody should be making policy on this yet, but it's the kind of thing that I would allocate some research dollars to if I hadn't just fired all of the competent researchers.

1 - https://hsph.harvard.edu/news/using-acetaminophen-during-pre...

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When Garmin originally launched a scuba watch, I was kind of surprised. It's a small market, and there were a lot of established "good enough" players in the space. Everyone already had a dive computer. Who would want an expensive one from Garmin when they could buy an expensive one from Shearwater? But Garmin showed up with a good product, iterated by adding their sonar based SubWave for air integration, and eventually took a lot of marketshare by including fitness and smartwatch features the competitors lacked. Now I see tons of Garmins on dive boats. People love them.

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He also loves the cold, and he's always more active in the winter anyway. I would say he's close to the level he was last winter instead of slightly declined. That's great, but not miraculous.

We'll stick with the regimen and see if he continues to improve. I'll upgrade my judgement if he starts climbing stairs again.

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> A recent investigation into the world’s largest carbon standard found that 94 percent of its rainforest offset credits did not actually contribute to carbon reduction.

When I looked at the offset market in the past, I realized that it was one of the few markets where both the buyer and seller are perfectly happy with fraud.

- The buyer is motivated to seek the lowest cost offsets they can find. They're not paying for the cleanup - all they need is the offset document itself, often for legal purposes.

- The seller is more than happy to take the buyer's money and spend it on looking like they're doing something. The rest is free margin.

Neither side remotely cares about the underlying activity behind the offset, and neither side is really penalized if the underlying activity is fraudulent. In fact, both sides are actually better off if the whole thing is fraudulent! I can't think of many other markets where this dynamic exists.

In South America [1]:

> The first country in South America initiating the phase-out of leaded gasoline was Brazil, moving toward alcohol fuels and unleaded gasoline from AD 1975 on, and achieving a total phase-out in 1991. On the contrary, unleaded gasoline in Bolivia, Chile, and Peru was not introduced before AD 1990–1991, and leaded gasoline was still in use until 1995 (Bolivia), 2004 (Peru), and 2005 (Chile).

In Africa [2]:

> But lead was still common in fuel in Africa and the Middle East. In 2002, UNEP organized a coalition of African governments and oil companies to promote the phaseout of leaded gas, the supposed vehicular benefits of which have been found to apply only to very old cars driven in extreme conditions. Lead was history in sub-Saharan Africa by 2006, and by 2014 was found only in Algeria, Iraq, Yemen, Myanmar, North Korea, and Afghanistan.

[1] - https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4643815/ [2] - https://qz.com/africa/2053227/leaded-gasoline-is-now-banned-...

When inside of a real brick and mortar store, have you walked by one of those displays on the ends of a row that's selling Pepsi products or Doritos? How do you think those things got there? They're called end caps, and stores make a lot of money from brands to put them there because customers are more likely to see them and purchase whatever.

Also, have you noticed that the shelves at stores usually contain the most well known brands at eye level while the cheap stuff or weird stuff is usually down low or up high? That may be store optimization, but more commonly those top brands pay for that eye-level placement.

Amazon didn't invent this. They just came up with the digital equivalent of what stores have been doing for decades.

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