Random Interesting Links #2

At least I found them interesting!

Every once in a while I stumble upon some interesting links. Not necessarily related to investing. So I saved up enough of them and thought you might find them interesting as well:

Elm Partners organized an expirement where they gave $25 to a group of people with finance and economics background. Where they were given the chance to bet on a biased coin that gave them a win 60% of the time. They did not do nearly as well as you would think:
https://elmwealth.com/lessons-from-betting-on-a-biased-coin-cool-heads-and-cautionary-tales/

In case you don’t want to be like one of those suckers in the above mentioned experiment, this is a useful tool:
https://dqydj.com/kelly-criterion-asset-allocation-calculator/

Various variations of the scorpion and the frog tale:
https://sadoeuphemist.tumblr.com/post/615521935528460288/a-scorpion-being-unable-to-swim-asked-a-frog-to

Nice analysis with a lot of data of quantity and quality of illegal drugs sold in the US. Really drives home how hopelessy lost the war on drugs is:
https://dynomight.net/p2p-meth/

From same author as above, a nice summary on how to become a better writer:
https://dynomight.net/2021/02/07/writing-as-a-craft/

A doctor on the hardships of being a doctor (you won’t regret reading this one):
https://pandabearmd.me/2006/05/26/my-personal-statement/

Musings of a data driven high-class call girl:
https://knowingless.com/2021/10/19/becoming-a-whorelord-the-overly-analytical-guide-to-escorting/

Eeben Barlow, founder of Executive Outcomes, on why cease fires are usually a bad idea and prolong conflicts. The conflicts he was involved in (Angolan civil war and Sierra Leone) seem to kind of prove him right:
http://eebenbarlowsmilitaryandsecurityblog.blogspot.com/2008/12/do-ceasefires-prolong-wars-in-africa.html

Finally, the Copenhagen interpretation of ethics, why doing nothing is often safer than doing something:
https://blog.jaibot.com/the-copenhagen-interpretation-of-ethics/