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Phys.org

New model helps investors and regulators understand complex businesses and see their positive sides

New model helps investors and regulators understand complex businesses and see their positive sides
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Warren Buffett advised that you should never invest in a business you can't understand. But that hasn't stopped many investors. New research from the McCombs School of Business at The University of Texas at Austin might help them better understand the complications of companies they're investing in.

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Sperm whales produce powerful clicks to communicate. To our ears, they sound nothing more than a series of repetitive, mechanical taps. But we could be a step closer to understanding some of their complex communication, as scientists have discovered that the large marine mammals organize their sounds in patterns similar to those of human speech.

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