Bet you don’t know what Hollywood A-lister Kevin Bacon has in common with climate-change activist Greta Thunberg? Maybe you should, because the answer is implied in the question. The point is, it’s almost axiomatic that the incredibly well-connected Mr Bacon has a link with almost everyone on the planet. That’s why the notion of ‘six degrees of separation’ – the idea that anyone is no more than six acquaintances away from anyone else – is informally called ‘Bacon’s Law’ after the actor’s seeming ability to have worked with just about everyone else in the movie business.
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Behavioural Finance
When hirelings fail
Christmas teaches us that we often fail to act in others' best interests even when we are trying to do so. This has important implications for investors
Chris Dillow