The Financial Times takes a detailed look at the Financial Computing Centre, home of future quants, where Michael Galas is working to build “a hedge fund without employees” and a crop of PhD candidates are using social media to predict the markets. Could these algorithms one day spill beyond finance, and influence education or social sciences?
The New York Public Library just acquired Tom Wolfe’s archives for $2.15 million. They include 190 boxes of drafts, outlines, and research for his articles and books as well as 10,000 letters from the likes of Hunter S. Thompson and Gay Talese. But the library missed the opportunity to get one of his famous white suits because as Wolfe said, “Those are the things I really can’t part with.” Here’s one of our favorite Wolfe essays, “Radical Chic: That Party at Lenny’s.”
“I’ve been spending a lot of time with my husband’s American cousins, who have a five-year-old daughter. She is fascinated and confused by my ‘Briddish’ accent, which she seems to think at points is something I’m putting on. She invented a game where she’ll point at an object in the room and I have to say the word for it—Carpet! Dump truck!—in my best American accent (which is dreadful, by the way). This had her in stitches. When the laughter had died down, she turned to her parents, suddenly contemplative, and said, ‘Isn’t it amazing that Sarah knows a few words in our language?’” Lily Blacksell interviews T.S. Eliot Prize-winning poet Sarah Howe on how being in the U.S. changes her perception of language, writing in the first-person, and “authenticity.”