Wednesday, October 30, 2024

Teens' Math Finding Was Once Thought to Be Impossible (Daily Rundown by Newser)

Newser Newsletter
October 30, 2024
 
 
The Big Rundown
Two young women from New Orleans who amazed mathematicians two years ago by coming up with a new trigonometric proof of the 2,000-year-old Pythagorean theorem have repeated the feat multiple times. Keep reading
 
From our sponsors
These Shoes Eliminate Pain Like Nothing You've Ever Tried Before
Local nurses and healthcare workers are raving about Grounded Footwear, which offers incredible pain relief for long shifts. These shoes help with foot pain, plantar fasciitis, and bunions, and have a wide toe box and good arch support. KEEP READING

 
More Big News
Kamala Harris made the closing argument for her campaign on Tuesday night—and might be wishing President Biden hadn't done the same. Keep reading
 
Also Making Headlines
 
Today's Jaw-Dropper
A landlord who went to serve an eviction notice at a southern Georgia funeral home on Saturday ended up finding corpses in various states of decomposition, according to police. Keep reading
 
From our sponsors
**Billionaires Wanted It, but 66,930 Everyday Investors Got It First.**
When incredibly valuable assets come up for sale, it's typically the wealthiest people that end up taking home an amazing investment. But not always…

One platform is taking on the billionaires at their own game, buying up and securitizing some of the most prized blue-chip artworks for its investors.

It's called Masterworks. Their nearly $1 billion collection includes works by greats like Banksy, Picasso, and Basquiat. When Masterworks sells a painting – like the 23 it's already sold – investors reap their portion of the net proceeds.

In just the last few years, Masterworks investors have realized net annualized returns like +17.6%, +17.8%, and +21.5% (from 3 illustrative sales held longer than one year).

The content is not intended to provide legal, tax, or investment advice.

No money is being solicited or will be accepted until the offering statement for a particular offering has been qualified by the SEC. Offers may be revoked at any time. Contacting Masterworks involves no commitment or obligation.

Contemporary art data based on repeat-sales index of historical Post-War & Contemporary Art market prices from 1995 to 2023, developed by Masterworks. There are significant limitations to comparative asset class data. Indices are unmanaged and a Masterworks investor cannot invest directly in an index.

"Net Annualized Return" refers to the annualized internal rate of return, or IRR, net of all fees and costs, to holders of Class A shares from the primary offering, calculated from the final closing date of such offering to the date the sale is consummated. A more detailed breakdown of the Net Annualized Return calculation for each issuer can be found in the respective Form 1-U for each exit. The 3 median returns above represent the ones closest in percentage to the median of the 12 exits with holding periods over 1 year.

Net proceeds distributed back represents the total liquidation proceeds distributed back to investors, net of all fees, expenses and proceeds reinvested in Masterworks offerings, of all works Masterworks has exited to date.

See important Reg A disclosures at masterworks.com/cd

Now, you can skip the waitlist with
OUR EXCLUSIVE LINK.

 
Don't Overlook
Bluey and his friends are safe and sound after a wild adventure involving thieves, stolen coins, and a three-month investigation. Keep reading
 
On the Lighter Side
Brian Niccol has no easy task ahead of him. Keep reading
 
Science Buzz
Even bugs get the blues, then drown their sorrows in booze. Keep reading
 
Wild Card
Brooks Barnes at the New York Times says Martha Stewart, possibly with "no more you-know-whats left to give," was a lot more forthright than he expected when he asked her about Martha. Keep reading
 
TODAY'S NEWSER.AI PICK
Reddit has become profitable for the first time in its nearly 20 years. Keep reading
 
Comment of the Day
"Politicians don't care since it isn't their money. The USA government has 'cost plus' contracts. The contractor does the work and gets an additional payment over what the work cost. Not a bad deal for over charging."
Robert Cope
Quote of the Day
"So, there is certainly no permission for singing."
Read This Elsewhere
A Dying Artist Left His Legacy to MoMA. Today He's Almost Forgotten.
 
Today's 6 Most-Read Stories
Virginia Goes to Supreme Court Over Purging 1.6K Voters
This Is What It Looks Like in Spain Right Now
New York City Legalizes Jaywalking
Trump: 'Nobody's Fault' We Didn't Vet Comedian
New Twist in Odd Double Murder: Au Pair Takes a Plea
Home Improvement Star Busted for Alleged DUI
 
From Our Sponsors
We'd love to hear from you. Send us a note at feedback@newser.com.
Read our stories on MSN.
Newser, LLC  |  1395 Brickell Avenue  |  Suite 800  |  Miami, Florida  |  33131
© 2024 Newser, LLC. All rights reserved

No comments: