Big banks like Goldman Sachs spectacularly failed to predict the World Cup winner — here’s why

Matthias Hangst/Getty Images Five major banks predicted the outcome of the World Cup in Russia, and all but one got it wrong. Goldman Sachs forecast that Brazil would lift the trophy, while UBS backed Germany. Banks were afflicted by the sheer unpredictability of this year’s tournament, which saw Croatia make it all the way to […]

Bets on low market volatility went spectacularly wrong

THE Cboe Volatility Index, or Vix, known as the “fear gauge”, spikes when markets are most jittery. When Sandy Rattray, now at Man Group, an asset manager, worked on the Vix in the early 2000s, he and his team considered launching an exchange-traded product (ETP) linked to it, but concluded that it would be a […]

‘Got cancer? Get treatment, keep working’: BBC journo’s tweet backfires spectacularly

Published time: 27 Oct, 2017 12:15 Cancer patients can “get treatment and carry on working,” according to the BBC’s former political editor Nick Robinson. He was tweeting in support of civil-service chief Sir Jeremy Heywood, who was diagnosed with cancer in June. However, the Tweet has backfired spectacularly. Robinson, who himself had a tumor removed […]

Top Republican’s attempt to steer the Trump-Russia probe toward ‘unmasking’ may be about to backfire spectacularly

Thomson Reuters A top Republican’s attempt to deflect in the Trump-Russia probe could be about to backfire. At the heart of the dispute is why the Obama administration requested the “unmasking” of Trump associates involved in conversations with Russian officials. The documents obtained by the chair of the House Intelligence Committee could be trouble for […]

Doctor Who: Jodie Whittaker spectacularly unveiled as the 13th Doctor

Enlarge (credit: BBC) Jodie Whittaker, who worked with new Doctor Who showrunner Chris Chibnall on Broadchurch, has been unveiled as the 13th Doctor. She will be the first female actor to play the Time Lord in the history of Doctor Who. In a publicity chat with the BBC, Whittaker urged Whovians to be open about […]

WATCH: Hilarious moment man tries to jump over THIS only to fail spectacularly

Getting drenched is one of the worst things to happen after a huge storm. With the way the weather is going in the UK, it seems likely to strike soon. However, one unfortunate man tried his best to avoid getting a good soaking. Yet his attempt was a spectacular failure and ended in disaster. The […]

Cher’s Life to Get the Spectacularly Overwrought Musical Theater Treatment

Cher announced via her divinely weird Twitter account that there’ll soon be a Broadway musical about her life in our midst. Between the usual righteously furious and oddly written emoji-heavy Tweets about, say, how Trump, per Forbes, “shifted kids’ cancer money into his own business” and how he’s continuing his standard of cruel policymaking, Cher dropped […]

German high-rise spectacularly demolished by 250kg of explosives (VIDEO)

Published time: 20 Mar, 2017 01:47 The 18-story tall Bonn-Center building in Germany was brought crashing down by 250 kilos of explosives. The landmark building, that has towered over the city of Bonn for nearly 50 years, was demolished in seconds on Sunday as residents looked on at it’s spectacular implosion. [embedded content] The rumbles […]

Gizmodo Why These Great Game Consoles Failed Spectacularly | Jezebel Danny Masterson Is Reportedly B

Gizmodo Why These Great Game Consoles Failed Spectacularly | Jezebel Danny Masterson Is Reportedly Being Investigated for Rape Against Fellow Scientologists | The Root Morehouse College President: We Got Played | Deadspin The Jets Are In Full-On Tank Mode Right Now | Kotaku