Raspberry fool is a traditional summer dessert made with mashed raspberries and whipped cream. It can be served in a wine glass and decorated with whole berries. Variations include using different berries or adding Greek yogurt. It is a low-calorie option and can be eaten for breakfast. Raspberries can also be used in other dishes […]
Gooseberry fool is a traditional British dessert made with whipped cream and cooked gooseberries. The berries are cooked with sugar and mixed with sweetened whipped cream before being chilled. Gooseberry fool is a traditional British desert. A typical fool is whipped cream sweetened and combined with fruit, which may be cut into pieces or cooked […]
A tontine is an investment where participants pay into a fund and receive equal dividends, with payouts increasing as members die. The last surviving member receives the entire fund. Originally used to raise funds for the state, it was banned due to the incentive to cheat. Modern versions are used for health insurance. A tontine […]
The Major Fools Theory is the belief that an overpriced investment will eventually be bought by a “major crowd” at an even higher price. This can work during economic bubbles, but can lead to losses and market crashes when the bubble bursts. When many investors buy into the theory, it can create its own bubbles […]
A wise fool is someone who may appear foolish or ignorant, but can offer profound insights. This is different from an idiot savant who lacks mental facility but has a talent. The concept of the wise fool gained popularity in the Middle Ages and was embodied in the character of the jester. Shakespeare also had […]
