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Welcome to our dive into Berkshire Hathaway's impressive performance! In 2024, the company recorded operating earnings of 47.4 billion dollars despite over half of its operating companies experiencing a decline. Interestingly, Berkshire paid a staggering 26.8 billion dollars in taxes, which is about 5% of all corporate taxes in the U.S. Can you believe that for 60 years, Berkshire only paid one cash dividend? This approach has allowed them to reinvest substantially over time. What do you think the future holds for companies that choose growth over immediate payouts?
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Pablo Picasso is considered a revolutionary artist due to his co-founding of the Cubist movement, which fundamentally altered the approach to representation in art. He challenged traditional perspectives by breaking down objects into geometric shapes and presenting multiple viewpoints simultaneously, as seen in his groundbreaking work *Les Demoiselles d'Avignon*. Picasso's innovative techniques, such as collage and constructed sculpture, further expanded the possibilities of artistic expression, influencing countless artists and movements that followed. His ability to continuously evolve his style marked him as a pivotal figure in modern art.
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Imagine a hidden world in the Trans-Himalayas where an entire city is alive, built from conscious, thinking metal beings. These incredible entities, referred to as the Metal Monster, can form themselves into structures like bridges and even entire cities, moving with purpose and intelligence. Did you know they are capable of drawing immense power directly from the sun, feeding on its magnetic energy? It makes you wonder, what other shapes might be rising to submerge us in the vast crucible of life?
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To improve sleep, maintain a consistent sleep routine by going to bed and waking up at the same times every day, even on weekends, which helps regulate your body clock. Create a calming environment by keeping your bedroom dark, quiet, and cool, ideally between 60°F and 67°F. Limit exposure to screens and blue light at least an hour before bed, as these can hinder melatonin production. Engaging in relaxation techniques like meditation or journaling can also help clear your mind before sleep.
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Some of the rarest sports in the Olympics include:
200 metres obstacle race - Featured only at the 1900 Paris Olympics, where competitors navigated various barriers, including boats[2].
Basque Pelota - An official sport in the 1900 Olympics and a demonstration sport in later years[2].
Tug of War - An Olympic event from 1900 until 1920, where teams competed to pull a rope[3][2].
Running deer shooting - Included from 1908 to 1924, where participants shot at a wooden target shaped like a deer[2].
Solo Synchronized Swimming - Debuted in 1984 and discontinued after 1992, involving solitary performances in water[3].
Live Pigeon Shooting - Conducted during the 1900 Olympics, resulting in nearly 300 pigeons being shot[3].
Roller Hockey - Featured in the 1992 Olympics and based on ice hockey rules[3].
Obstacle Race Swimming - Held at the 1900 Games, where swimmers faced various obstacles[3].
Club Swinging - Competed in 1904 and 1932, where athletes twirled clubs[3].
La Canne - A martial art using a cane, featured in the 1924 Olympics[3].
Rope Climbing - An event from 1896 to 1932, where athletes climbed a braided rope[3].
These sports highlight the diverse and sometimes unusual events that have been part of the Olympic Games over the years[2][3].
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Korean sunscreen is gaining popularity due to its advanced formulations that prioritize texture and wearability. Unlike many American sunscreens, which can feel greasy or take time to absorb, Korean options are designed to blend smoothly, making them a pleasure to apply. Experts note that Korean manufacturers have figured out how to create products that integrate well into skincare routines, with some users finding them enjoyable to use, which encourages regular application[2][3].
Additionally, Korean sunscreens often feature innovative ingredients and dual protection ratings (SPF and PA), providing enhanced defense against both UVB and UVA rays. This systematic approach to sun protection is often not matched by U.S. products due to regulatory challenges, making Korean sunscreens a more appealing option[1][4][5].
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This study, as described in the source, focused on understanding how deactivating Facebook and Instagram influences users’ emotional state in an experimental setting. Participants were recruited for each platform and randomly assigned into either a deactivation group or a control group, with the former being paid $150 to refrain from logging into the designated platform for six weeks, and the latter receiving a smaller payment to deactivate for just one week. The emotional state of participants was measured using an index comprised of three self-reported survey items assessing the frequency with which they felt happy, depressed, or anxious. These responses were standardized and combined into a comprehensive emotional state index.[1]
For Facebook, the study reported an estimated improvement of 0.060 standard deviations in the emotional state index among users in the deactivation group compared to the control group. This represents a statistically significant enhancement (p < 0.001), indicating that users who deactivated Facebook experienced measurable improvements in overall well-being based on the composite measure of how often they felt happy, less depressed, and less anxious. In contrast, Instagram deactivation led to a 0.041 standard deviation improvement in the emotional state index relative to the control group. This effect was statistically significant at the p = 0.016 level when considered in isolation; however, after adjusting for multiple hypothesis tests (with the full set of political outcomes also being considered), the result did not meet the pre-registered significance threshold (q-value = 0.139). Thus, while both platforms showed improvements, the effect was stronger and more robust for Facebook.[1]
The study also examined the three individual components of emotional state. In the Facebook experiment, deactivation improved self-reported happiness by 0.064 standard deviations, reduced the negative feeling of depression (re-signed as depressed × (−1)) by 0.039 standard deviations, and reduced anxiety (re-signed as anxious × (−1)) by 0.028 standard deviations. The Instagram experiment, while similarly oriented, produced smaller point estimates with improvements of 0.044, 0.026, and 0.024 standard deviations respectively for happiness, depression, and anxiety. These findings indicate that the magnitude of the beneficial effects is consistently higher for Facebook deactivation across all measured emotional states.[1]
The analysis further highlighted interesting subgroup differences between the two platforms. For Facebook, the results suggested that the beneficial effects on emotional state were primarily driven by users over the age of 35. In contrast, the effects observed for Instagram deactivation were most pronounced among young women under the age of 25, with an estimated improvement of 0.111 standard deviations for this subgroup. Other subgroup comparisons (including those based on baseline usage, baseline emotional state, and baseline political engagement) did not reveal significant differences, indicating that the overall improvements were uniformly distributed outside of the noted age and gender interactions. This suggests that while both platforms exert a positive influence when deactivated, the characteristics of the affected population differ between Facebook and Instagram.[1]
The study provided several benchmarks that help contextualize the size of the improvements. The effects of Facebook deactivation, for instance, were equivalent to moving a median user from the 50th percentile to the 52.4th percentile in the distribution of the emotional state index, while Instagram’s effect moved users to the 51.6th percentile. Moreover, when translated back into the original survey response units, Facebook deactivation shifted responses by values equivalent to about 3.8 percent of people indicating higher frequencies of feeling happy. In comparative terms, the emotional state improvements from deactivation were roughly 15 to 22 percent as large as those reported by an average psychological intervention, such as those cited in the psychological interventions meta-analysis. This comparison suggests that the magnitude of the improvements, while positive, is modest relative to standard psychological treatments.[1]
In summary, the study reveals that deactivating social media accounts in the weeks leading up to an election can have a positive impact on users’ emotional state. Facebook deactivation produced a larger and more statistically robust improvement (0.060 standard deviations) compared to Instagram deactivation (0.041 standard deviations), which became non-significant after multiple testing adjustments. Furthermore, subgroup analyses indicate that the benefits for Facebook are more pronounced among older users, whereas Instagram deactivation appears to benefit young women more significantly. Overall, these findings contribute to the ongoing debate concerning the psychological impacts of social media and offer evidence that targeted periods of deactivation may lead to modest improvements in emotional well-being.[1]
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