
Not only does fellow-blogger, Financial Methods provide a handy weekly wrap-up of the week’s posts, he also occasionally provides some ‘random knowledge’, for example, observing:
Apparently, all Polar Bears are left-handed. If anyone has more information about this, please let me know!
Well, it seems that there are two types of people in this world: those who will now run off and propagate this ‘fact’ at trivia and pub nights, and those who will go and check their sources.
I’m in the latter … now, I’m not obsessive about it, so this information ‘seems’ right, but I’ll let a polarbearophile prove me right or wrong with these Polar Bear Myths:
- A hunting bear will cover its black nose while lying in wait for a seal.
Canadian biologist Ian Stirling has spent several thousand hours watching polar bears hunt. He has never seen one hide its nose, nor have other scientists.
- The great white bears are left-pawed.
Scientists observing the animals haven’t noticed a preference. In fact, polar bears seem to use their right and left paws equally.
- Polar bears use tools, including blocks of ice to kill their prey.
Scientist Ian Stirling believes that this assertion can be traced to unsuccessful hunts. After failing to catch a seal, a frustrated and angry polar bear may kick the snow, slap the ground — or hurl chunks of ice.
- A polar bear’s hollow hairs conduct ultraviolet light to its black skin, thus capturing energy.
This theory was tested—and disproved—by physicist Daniel Koon.
- The polar bear has a symbiotic relationship with the arctic fox, sharing its food in exchange for the fox’s warning system.
Not only is the bear-fox relationship not symbiotic, the little foxes often annoy the bears. An arctic fox will sometimes tease a bear by darting in to nip at its heels and will sometimes try to drive a bear off its prey.
- Orca whales prey on polar bears.
This has never been observed.
- Polar bears live at both poles.
Polar bears, of course, live only in the circumpolar North. They never encounter penguins, which do not live in the same regions as polar bears.
[AJC: Polar bears = Arctic and Greenland; Penguins = Antarctic, Australia and New Zealand. Get it??!!]
Source: http://www.polarbearsinternational.org/bear-facts/myths-and-misconceptions/
So?
Well, if this is how many myths polar bears can generate, imagine how many there are about our favorite subject: personal finance?!
Here are just some that I have tried to dispel on this site:
- The myth that entrepreneurs are driven by greed
- The myth that a high income equates to wealth
- The myth that diversification is one of the most important personal finance tools around
- The myth that retirement planning centers around replacing your income
… and, I have written many, many more (just type the word ‘myth’ into the search box at the top of this page).
What myths (personal finance or otherwise) have you recently had cause to question?
AJC
PS in the image at the top of the page, the polar bear is obviously right-handed. Ipso facto … Great Left-Handed Polar Bear Myth of 2009 busted!
I am the worst! I will ALWAYS look things up and call BS on people. I truly believe you have disspelled all of those myths (but then again I have been reading this blog for 18 months or so and maybe just maybe I am affected by the kool aid LOL)
Great round up post!
Usually, I’m more diligent about my research, but I figured that the left-handed polar bears might just get people talking a bit.
Thanks a bunch for all the Polar Bear knowledge by the way! It was great to come back from vacation to that!
Darn, I was really hoping they were left handed. You went and ruined everything here LOL
That’s a good series of posts.
The best quote on diversification I have every come across was by Max Gunther (in The Zurich Axioms) to the effect that diversification protects you from many risks – including the risk of becoming wealthy. That said, diversification is a good tool for perserving wealth (a very different exercise from creating wealth).
“diversification protects you from many risks – including the risk of becoming wealthy”
Thanks Trainee!
… and, thanks to Financial Methods as well as all the other polar bear lovers out there, as well.
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