Too much sunlight may release a toxic excess of oxygen molecules." Plants have pigments that divert excess sunlight: "They are responsible for some of the brilliant fall leaf colors after the clorophyll" is removed from the trees in the fall. why northern trees are mostly wind-pollinated rather than animal-pollinated." Anti-oxidants: "As part of the process of photosynthesis plants release oxygen. Theoretically a tree could evolve to require the fungus as a signal to tell it to bloom." Allergies: "Trees improve their odds of fertilization by dispersing astronomical numbers of pollen grains.
Perhaps the best strategy for elms now may be to reproduce at any size, immediately upon becoming infected.
About Dutch elm disease: "If it is inevitable that the tree will be killed before it reaches a half foot in diameter, then only those who have a tendency to reproduce early, while they have the chance, will pass on their genes to future generations. Some thoughts: "All the ingenious strategies that different tree species use to tap the incredible amount of solar energy that is available are contingent on what competitors do." "Wood itself has evolved independently several times." Wood is dead tissue that is water-conducting and also structural. It's about his forest - three hundred acres in Maine - that he bought in 1977 after it had been recently logged. The Trees in My Forest (3.5/5) By Bernd Heinrich (previously in links) - not as good as some of his other books from last quarter or last year.Time after time, I would study a company's financial statements and be mystified that its share price was anywhere over a penny."
As a shortseller, he has also noticed that stocks underreact to negative news: "Even the stocks of the most severely troubled businesses would often continue trading at much higher prices than they should have, and for far longer than they had any right to. He thinks that there are six common mistakes that cause companies to fail: (1) learning only from the recent past, (2) relying too heavily on a formula for success, (3) misreading or alienating their customers, (4) falling victim to a mania, (5), and (6) being physically or emotionally removed from their companies' operations. More important, in making these misjudgments, they almost always err on the side of excessive optimism." We have talked about the optimism bias in the past. The second ( thread) is about the optimism bias of corporate managers: "People in management positions, even very senior management positions, are often completely wrong about the fortunes of their own companies. The first, "The financial world suffers from an inherent flaw: the people who work in it, by and large, are terrible investors." People who work in finance are hyper-competitive status-climbers, which means that they have trouble admitting failure and are highly susceptible to groupthink.
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