Salient to Investors:

  • TS Eliot called TV “a medium of entertainment which permits millions of people to listen to the same joke at the same time, and yet remain lonesome”.
  • Ethan Kross et al at the University of Michigan and the University of Leuven found that Facebook use correlated with a low sense of well-being and that the kind of contact it provides does not make people feel better over time. The researchers found the opposite to be true of face-to-face contact.
  • In 1991, Scott Feld found that a child’s friends almost always had more friends than they did, on average. Nathan Hodas et al at the University of Southern California found this friendship paradox also held true for more than 98% of Twitter users.
  • Young-Ho Eom at University of Toulouse and Hang-Hyun Jo at Aalto University found that wealth and happiness can show the same paradoxical behavior, with a good chance of at least one significantly wealthier or happier person in your social network.

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