Illustration contrasting a man sleeping soundly in a modest home with a wealthier man still out socializing late at night.

Top earners sleep about half an hour less a day than the lowest earners

In time-use data from countries around the world, full-time male workers in the top income quartile sleep around half an hour less per day than those in the bottom quartile, and people in richer countries sleep less on average, implying an income elasticity of sleep of about -0.04.
An analyst holding up a single golden apple above a table of ordinary ones as investors reach for it.

Analysts’ top picks earned 17.6% a year in abnormal returns

A calendar-time portfolio of analysts’ top pick stocks generated abnormal returns of 17.6% a year, outperforming buy ratings, though only institutional investors could tell the valuable picks apart when they were announced.
Relaxed, smiling diners enjoy a meal in a cozy restaurant while a single star floats away out of the window.

Restaurants that lose a Michelin star get better TripAdvisor reviews

Tracking Michelin-listed restaurants in Great Britain and Ireland from 2010 to 2020, researchers found that losing stars raised average TripAdvisor ratings by about 0.31 points, while gaining stars changed nothing, apparently because diners expect less.